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Strategies & Market Trends : Value Investing

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To: Tapcon who wrote (30639)4/11/2008 6:50:13 PM
From: E_K_S  Read Replies (5) of 78702
 
GE had an excellent quarter for their international infrastructure businesses. I agree with you that the credit markets should be in much better shape next year but there are probably still a few surprises yet to come for some of the more leveraged companies.

It just surprised me that with GE's great management talent that they missed their number by so much. I guess the issues with the capital markets are/were really bad and hopefully are getting better.

I wonder if GE still plans on selling some of those financial assets that were mentioned in the article. It seems like this would be the wrong time in this environment to try to structure such a sale.

The stock traded down on over 7.5x its average daily volume.

It's better to be cautious, so I will pass on this one for now and monitor management's announcements.

EKS
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