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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Gut Trader who wrote (40029)11/22/2000 9:30:07 AM
From: sam  Read Replies (2) of 436258
 
Is GE not a the world's largest blimp? Even after its recent selloff, it still sports a PE greater than Intel, a haughty 41. While its net income rose only 20%. Profit margin 9.6%. Operating margin a pidly 14%. "Paying" executives such as Jack Welch about 100 million dollars a year (a tad excessive?). Selling more consumer products than any company on earth -- just when u DON'T want to be selling consumer products (slowing economy). In danger of losing its virtual monopoly on the lightbulb -- unless it acts quickly enough to swallow budding competition. Only thing holding this blimp up (besides the funds that have too much to lose) is the pimping from NBC, CNBC and other GE properties. Listening to CNBC, you'd think Jack Welch should be cannonized. Sheesh.
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