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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (33218)	3/13/2001 9:45:36 AM
From: SecularBull	Read Replies (1) of 65232

GE comfortable with Q1 ests. (GE) By Tomi Kilgore, CBS Marketwatch General Electric (GE) said in a meeting with analysts Tuesday that he was comfortable with the consensus analyst estimate for first quarter earnings of 30 cents per share. For all of 2001, the company also reiterated that earnings growth for all of 2001 would be in the "double-digit" range, "in any foreseeable economic scenario. Separately, GE said synergies from its proposed acquisition of Honeywell (HON) should exceed $3 billion, which is more than double the initial estimate. Also, the company highlighted the impact of its e-business initiatives, saying it would save the company $1.6 billion pre-tax in 2001. The stock is climbing $2.20, or 5.6 percent to $41.80.

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