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Non-Tech : RECY Looking Good... A
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To: James Strauss who wrote (5699)9/8/1998 9:19:00 AM
From: Wally Mastroly  Read Replies (1) of 7006
 
*OT* Jim,

I think your observation on GE is right on (Disclosure: Yes I am a big owner of GE - because of its management & its "diversification", not to mention that GE Capital is a company-within-a-company).

Re:"I might also add that GE is becoming better and better looking as a long term purchase..."

Matter of fact - we may have seen a good "IT/LT buying opportunity" Friday - before it came back 3 points at the end of the day.

Regards - Wally

P.S.- An example of GE in action below. By the way, they may be one of the few multnationals to be able to take advantage of the global problems by buying-up good foreign companies while they are on sale. I think it is possible that the situation could even be a net positive for GE (able to make more future gains from the situation than the lose in short term foreign sales). Of course - just one man's opinion.

biz.yahoo.com
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