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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.44

-1.2%

Nov 14 4:00 PM EST

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To: Ahda who wrote (83524)	3/20/2002 2:22:59 PM
From: Ahda	Read Replies (1) of 116762

12:02AM General Electric criticized by PIMCO's Bill Gross (GE) 39.25 -0.65: -- Update -- A piece about GE by PIMCO bond fund manager Bill Gross is getting a lot of play today. Gross is focussed primarily on the fact that GE Capital has commercial paper outstanding which is three times the size of their bank credit lines, and that this exposes the company to the "mercurial opinions" of analysts and managers. Gross says that as a result PIMCO will own no GE commercial paper for the foreseeable future. Creative and more creative and it has to get to be realistically possible before it becomes an impossible situation.

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