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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?


To: BB BOB who wrote (963)8/21/1999 12:11:00 AM
From: TechMkt  Read Replies (1) | Respond to of 3256
 
Bob,

I would hold the line. Timing stocks can lead to disaster. Buy a put if you're REALLY nervous, but don't sell. I think GE has some great opportunities. Still waiting for SNAP and NBCi to come on line... Looks like they are Boeings preferred vendor for engines...GE Capital is getting bigger across the globe...GE has more strategic relationships than anyone else.

Y2K will come and go with less fanfare than most people think. When Asia starts to recover, GE will benefit more than anyone else.

Fez



To: BB BOB who wrote (963)8/24/1999 8:48:00 AM
From: TechMkt  Read Replies (3) | Respond to of 3256
 
Onward to 120 and beyond!!!

Fez
_______________________________
Tuesday August 24, 5:20 am Eastern Time

PSG buys stake in Mexico natural gas line

LONDON, Aug 24 (Reuters) - British based pipeline development company PSG International said on Tuesday it will buy a 32.5 percent stake in the Mayakan natural gas pipeline project in southern Mexico.

PSG International said it will buy the stake in Energie Mayakan S. de R.L. de C.V. from U.S.-based energy company Intergen next month when the $266 million pipeline is completed.

The project will transport 370 million cubic feet a day of gas from Ciudad Pemex in Gulf state Tabasco to power stations along the southern Yucatan peninsula.

``We are delighted to be an investor in Mexico's first privately owned and operated pipeline,' said Edward Smith, PSG's chief executive officer, in a statement.

``The recent liberalisation of Mexico's energy market has created new opportunities for the industry in the region,' Smith said. ``Our investment in Mayakan represents a strong platform from which PSG will able to benefit in this rapidly expanding market.'

PSG is owned by GE Capital Structured Finance Group (NYSE:GE - news) and Bechtel Enterprises Holdings Inc.