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Non-Tech : General Electric (GE)
GE 311.99+1.5%Nov 10 3:59 PM EST
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To: Captain Jack who wrote (1684)1/31/2001 6:02:51 AM
From: Arthur Tang  Read Replies (2) of 3256
 
GE is held down by the uncertainties of the merger. People usually invest in the company which is being acquired; but which could have caused the merger to be renegotiated.

Anyway, when the merger is completed, the valuation may change and GE will take off(hidden value of HON in GE?). We are still looking for stock split and not temporary values. Draw two lines in parallel, one for resistance and one for support and you see the GE stock price structure for the time being.
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