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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Sonki who wrote (18912)4/6/1998 1:15:00 AM
From: Nancy  Read Replies (1) of 27012
 
<<I found GE investment grup owns 16% of gstrf. >>

Sonki,

GE owns gstrf by default - ge bought a 100% owned sub from lockheed martin, LMT, who owned gstrf (as one of the original partner in this venture) ge bot lmt and decided to keep the gstrf ownership. it is not a new buy or anything like that. their cost basis probably in the teens.

on the other hand, at least as long as ge stays on board that means they still feel comfortable.

dell - stephen robertson cut their earnings est by about 7%, both in 98 and 99.
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