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Strategies & Market Trends : Value Investing

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To: bruwin who wrote (24468)7/27/2006 10:15:05 PM
From: Paul Senior  Read Replies (2) of 78764
 
"And whether you’re prepared to accept it or not, the fact of the matter is that the Market also doesn’t appear to have been that impressed with GE’s performance over the last 18 months, judging by the fall off in its stock price."

The fact that GE has dropped in price doesn't itself support an argument for or against buying the assets and prospects of GE at its now current stock price.

As W. Buffett has said, "You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."

I am betting the sharp guys like Mr. Buffett who are buying GE at current prices don't see such a perspective as what you have as having relevance for them when they outlook GE's prospects and strengths versus its current stock price.

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I'm done. I'm guessing there will be more parries/comments,/rebuttals by you or others, but after a few more, I'll ask as moderator, that if the GE discussion is to be continued further that it be done on another thread devoted to that purpose. By this time readers here have either decided they are interested in GE (and so they can delve into it elsewhere), or they have no interest in purchasing GE stock now, and the thread can go back to supporting this latter group with other stock ideas.
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