General Electric (GE) Message Board

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Non-Tech : General Electric (GE)

GE 305.33

+0.1%

3:59 PM EST

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To: TobagoJack who wrote (2069)	10/26/2002 1:23:15 AM
From: Captain Jack	Read Replies (1) of 3256

Not much to think about on GE. Other than a small very old position held it has turned into an excellant trading vehicle. Bought in the 23 - 25 range it is one that could be held onto but I sell in the 25 - 26 range and wait for it to come back to me. Fair value-- its all in how much institutions are willing to pay. My guess is once the economy stabilizes the price will again be ramped up to the mid / high 40s, possibly more. There will be a variable premium to GE and if it is believed Jeff can walk in Jacks shoes it will take a hell of a pop. Make a list of the non-tech selling @ a pe of 30 or more--- retailers will be on that list,,, what BS!

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