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Technology Stocks : Google Facts Zone
GOOG 291.71+0.4%Nov 11 3:59 PM EST

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To: Sr K who wrote (3115)1/23/2009 9:17:56 PM
From: Patsy Collins5 Recommendations  Read Replies (1) of 3618
 
At 12.03 tonight
What a disaster

There is little reason to keep the dividend and once that is either in danger or eliminated, GE will plunge further like Citi and BoA before it.

GE capital have no idea what its holding or the extend of the counterparty risk. Frankly, who knows.

I for one don't, as I lost 52% and I won't say I know more than Immelt. although in his case, he is obligated to tell shareholders the truth in docs what the heck he believes is going on. To blindly say today that the dividend is safe ($1.24) and that GE will prevail is nuts.

ps. Cramer did not mention GE's Immelt.
so, no fireworks and Cramer is what he is.
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