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Strategies & Market Trends : Value Investing

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To: bruwin who wrote (24421)7/24/2006 6:22:30 PM
From: Carl Worth  Read Replies (1) of 78742
 
you come here and tell us how we should analyze balance sheets and operating results like you do, to arrive at only the best stock picks, and you can't even understand the operations of a company like GE? i suppose any company that borrows 100B at 5% and loans it out at 12%, thus creating a 7B profit, should be avoided because they have 100B in debt...if GE eliminated part of their long term debt, they would reduce their earnings, not increase them

BAC has a market cap of about 230B, a tangible book value of 52B, and long term debt of 525B...wow, they must be almost insolvent...oh wait, they make over 20B a year in profits...i know you don't do financial stocks, maybe now we know why...as spekulatius noted, GE is much less a finance company now than in the past, but they still have a huge financial operation

sorry i didn't welcome your imaginary friend to the thread with open arms, you could have at least made his name start with different letters than yours...LOL

you don't like me because i see through your charades, fair enough, but you'll notice that others have discerned the lack of consistency in your posts as well, so i guess you can dislike them too...either way, at least drop the notion that you are fooling anyone with this nonsense

what happened to your other imaginary friend from last year, did you forget his password? LOL

thanks for some more good laughs
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