General Electric (GE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : General Electric (GE)

GE 287.39

-1.1%

Nov 21 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Captain Jack who wrote (1509)	10/23/2000 7:59:07 AM
From: Arthur Tang	Read Replies (2) of 3256

The temptation is to buy Honeywell and sell GE because of the 1.055 conversion which will get some small cash payment(less than one share?) for each account. Honeywell is ripe for arbitrageurs being well below the $55 deal. Doesn't take a rocket scientist to figure out how the prices will be today. Yogi probably will be happy to project the opening. It really depends on the cash on the side line for Honeywell or how long you have to wait for the specialist to get some Honeywell stock for you? Shorts by the bull pans of large brokerages are not advised. Since Honeywell was run like GE; how to merge the matrix management and trim by the benefit of scale; that benefit is Mr. Welch's specialty. The dilution is nil and the benefit from scale is going to take more than one year to streamline. I would say GE can do much better than 10 cents per share gain, by the time Mr. Welch finishes. Its an opportunity of a life time for any management. Technically, GE will be down until the deal is consummated; but fundamentally, GE has more opportunity now than ever to grow and cut cost at the same time. Buy on dip at opening? Or maybe soon after? I am on the watch.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next