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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (11699)12/17/1997 4:22:00 PM
From: Joan Osland Graffius  Read Replies (1) of 18056
 
Mohan, >>I think GE already warned. If not, what is that $2b "restructuring" charge all about?

It is my perception the restructuring is on the industrial side of the house. With the information from Jacks analyst meeting this week it sounds like the financial side of the house is going to carry them this quarter. I sure could be wrong. 40% of GE's earning come from the financial power house these days. Charging 21% interest on credit cards helps.<ggg>

Joan
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