Heck, I might even think about adding to my GE position on lower prices..the business generated from Calf.'s electrical shortcomings alone could be a tremendous source of new revenue for "Generous Electric" (as my Dad always called them<g>,grandpa worked for them)..One issue to keep a close eye on though IMO is the EPA and the proposed Hudson river PCB dredging project....(I'm in the camp of,leaving well enough alone,let nature finish recovering the river. Leave the river alone and rebuild the rail system..GE locomotives anyone?<g>)
"Business Summary
General Electric (GE) is one of the largest and most diversified industrial corporations in the world. GE's products include major appliances; lighting products; industrial automation products; medical diagnostic imaging equipment; motors; electrical distribution and control equipment; locomotives; power generation and delivery products; nuclear power support services and fuel assemblies; commercial and military aircraft jet engines; and engineered materials. GE's services include product services; electrical product supply houses; electrical apparatus installation, engineering, repair and rebuilding services; and computer-related information services. Through the National Broadcasting Company, Inc., GE delivers network television services, operates television stations, and provides cable, Internet and multimedia programming and distribution services. Through General Electric Capital Services, Inc., GE offers a broad array of financial and other services.
More from Market Guide: Expanded Business Description
Financial Summary
GE is a diversified industrial corporation whose products include appliances, lighting products, aircraft engines and plastics. GE also provides television, cable, internet, distribution, engineering and financial services. For the nine months ended 9/00, total revenues rose 20% to $94.87 billion. Net income rose 20% to $9.15 billion. Results reflect increased Power Systems, NBC, Technical Products and Services and Plastics revenues, and higher gross margins."
Think they report earnings this week... |
