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Technology Stocks : Semi Equipment Analysis

SOXX 348.51

+5.3%

4:00 PM EST

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To: Kirk © who wrote (40227)	9/17/2008 1:27:47 PM
From: Jacob Snyder	2 Recommendations Read Replies (3) of 95881

OT GE: Bought some at $22.89, my first purchase of this stock ever. I've followed it loosely for years, never expecting it to get cheap enough for me. Today it is sitting at 10-year lows, where the stock bounced in 1998, 2002, and 2003. The PE is 11.8 (lowest in a decade), the yield is 5%. GE started paying a dividend in 1984, and this is the highest yield ever. These are the kind of numbers that make value investors who have been sitting on cash for years, start buying. Unless you think a company is going to "do a Lehman", a 5% yield should put a hard floor under the stock, for any quality name.

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