SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nemer who wrote (47905)7/16/1998 2:35:00 PM
From: nnillionaire  Read Replies (2) of 58727
 
Nemer

In 1987 - 1988, GE switched to a revolutionary new type of motor in their refrigerators. In 1989 - 1990, those new motors started failing an an ALARMING rate in the field. So, lots of replaced motors in customers' refrigerators, lots of reimbursements for spoiled food, lots of heads rolled at GE Appliance, and a one time charge was noted in the Annual Report. It was a pretty good fiasco.

You just might have one of those bad motors that you have been 'listening-to' for eight years. Before you give up on it, you might call the 800 number at GE Appliances. They might fix it for free.

FWIW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext