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Non-Tech : General Electric (GE)
GE 307.27+0.7%Nov 7 9:30 AM EST

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To: Dennis who wrote (1713)2/22/2001 5:04:18 AM
From: TobagoJack  Read Replies (1) of 3256
 
<<if GE goes down the tubes...we are all in trouble....sell everything and return to MM forever.>>

GE does not exist in isolation from the economy, and its valuation cannot remain disconnected with that of the broader market (i.e. ABB+C+NWS, for example, or MER+UTX+?, plus a bit more for premium).

Perhaps your sentence can be restructured thus ...

"if the DOW goes down the tubes...GE is in trouble...sell everything and return to ... cash for awhile"
Chugs, Jay
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