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To: Thomas M. who wrote (10538)8/12/2000 12:01:42 AM
From: yard_man  Respond to of 436258
 
yes, that's the point -- even in the new paradigm (all this relative hogwash)-- GE is grossly overvalued for what it has become ... any whiff of a dent in the expansion/bubble and the stock is done, IMO

>>Yet that makes no sense while GE
is valued on a multiple of earnings more than double that of Citigroup. It is worth
more within GE than outside, and may thus be trapped there, unless investors
re-rate GE down to a typical financial services multiple. <<



To: Thomas M. who wrote (10538)8/12/2000 12:42:48 AM
From: XBrit  Read Replies (1) | Respond to of 436258
 
Thanks for the FT article Thomas.

"Rant" is exactly the right word for Noland's stuff. Combining the content and the fonts he uses, I'm left with an impression that there is no way I would trust him to manage any money of mine.


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