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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (106887)6/6/2001 4:13:37 PM
From: Tom M  Read Replies (2) of 436258
 
yep GE dangerous to me. A 3:1 split, Welch leaving and endless insider selling. I look at 2:1's they usually do as a cloak for large distribution but this is another level. LU didn't have enough time to get out a final 3:1 of their own or they'd also have 10 Billion shares out. If they'd have gotten off a 3:1, so far they would have put in a low of $5.50/3 or $1.83/share. I believe anything is possible.
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