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


To: Dennis who wrote (1038)10/20/1999 9:03:00 PM
From: taxman  Read Replies (1) | Respond to of 3256
 
"is it common for GE to hang on to its average when the market tanks??"

no, since ge is one the largest components in the market averages. welcome aboard.

regards



To: Dennis who wrote (1038)10/20/1999 10:00:00 PM
From: TechMkt  Read Replies (3) | Respond to of 3256
 
Dennis,
Consistentcy in GE's earnings has given the street enough confidence not to tank the stock price. Support is at 120 and I believe it is a great opportunity to buy below that. I would like to see them break into a new high in the next few weeks. The best case would be a split announcement, in which case we will go above 130 FAST.

Fez



To: Dennis who wrote (1038)10/29/1999 8:57:00 PM
From: Sonki  Read Replies (1) | Respond to of 3256
 
dennis, sorry took so long to reply to ur GE question. i bot GE leaps oct 98 and I really dont pay much attn to it. i noticed last weekend when i tought it might break out.. and all of a sudden now i c it's preety damnn extended. it's ok just forget about it.
--------- here is a part of an email that should ease ur dizziness.
this market is crzy..getting laate for dinner. good nite

"General Electric (GE) is as steady as they come," Carlson
says about one of his bulletproof DRIPs. He says GE's
"double-digit earnings quarter after quarter after quarter"
make it popular on Wall Street, and he adds that the most
recent quarter was no exception (revenues up 13%, EPS up 16%,
margin up 16.7%). Carlson says that bulletproof stocks are
rarely bargains, and GE is no exception ($132 on October 28).
"Nevertheless, it is the type of stock that investors will
want to hold during uneven periods," Carlson says. He
recommends GE as a "core holding" for long-term investors.