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Non-Tech : General Electric (GE)
GE 287.39-1.1%Nov 21 9:30 AM EST

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To: James F. Hopkins who wrote (1520)10/23/2000 5:07:47 PM
From: Captain Jack  Read Replies (1) of 3256
 
Jim-- I suggest we drift lower as there will be nervous holders. It is now near its post-split price and many will bail prior to seeing losses. Next we have those that remember msft and others were pummeled as the anti-trust gurus puked on them. Those will have to show their importance and decide what must be sold off. The consensus seems to be a year before all of hon is intergrated-- thats what cpq though about digital which will make others nervous. Others are looking at $42 bil as a lot to pay for a dime in eps. We will be back but it may certainly take longer than some are willing to wait. I may be one to add a bit on this drop (not a dip IMO) but without some quick upward moves I'll bail it all as I see the possibility of 49 - 51 lasting even though I'm willing to bet it will not stay there long. I'm certainly not a happy holder at this time! Down 11+% in 2 days and maybe its not finished yet.
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