Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (21927)	1/21/2005 1:10:43 PM
From: GraceZ	Read Replies (3) of 116555

with co.s like GE -- finance a big part of the biz -- I just assume earnings are fudge Did you actually look at the statements before making your comments? The financial is 43% of the revs but only a third of the earnings. Because of the losses in insurance they had far better growth in the non-financial (16 vs. 10% YOY). Some of this growth was due to acquisitions, but it would be hard to fake the 17% increase in Advanced Materials revenues and 32% growth in Healthcare revenues. Whether this kind of growth continues in the future is anyone's guess but it's irrational to dismiss such good growth in such a large and diversified company as "fudge".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next