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Non-Tech : General Electric (GE)
GE 298.45+0.6%Nov 28 9:30 AM EST
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To: Arthur Tang who wrote (1429)9/13/2000 6:52:39 PM
From: Captain Jack  Read Replies (1) of 3256
 
Art-- GE grows nicely on its own but has a great habit of buying companies that can help the bottom line and unloading those that do not perform. That action is what makes the big numbers often. I see them adding continously. I'm not so certain the economy will continue as it has in the past. Greenspan may have put us in a recession with his interest rate increases. It will be qtr 1 of 01 before anything is certain but look at the mkts, housing, retail, he slowed the economy down more than makes many happy and 3/4% has not been felt yet. We could also use more skilled craftsmen working also. WS is jumping over e-commerece but until the profits begin in earnest one should watch holdings closely...
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