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

To: Captain Jack who wrote (1376)	8/21/2000 5:24:55 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 3256

Now that we got a few shares of GE when they bought out the ultrasonic company Bob Noyes used to own a majority; I am ready to join you and take another look at my friend Jack Welch, Jr. A huge company such as GE is extremely difficult to analyze fundamentally in terms of value and hidden value. And from the past in doing business with GE, they spin off to their own management any part or subsidiary that will not meet profit target or revenue target to be number 1 or 2 in their industry. Now even number three is in GE's line up, because on your way to be number one in the whole world in size; you have to own all the top market shares. GE has been shifting from manufacturing to financial services for a long time. To be the largest company, you have to handle the value added where largest revenue is, and not the nuts and bolts, small potato stuff. Knowing the direction GE is heading, we can look at the TA. The specialist on NYSE handles perhaps 7% of the daily volume. The rest is handled by the large brokerages. The value of GE is beyond reproach, so pull back and moves are moderate. News do not upset the stockholders except during the days of Kidde Peabody where Wall street disapproves futures gambling. The recent 3:1 split, is weighing on the moves. We can perhaps anticipate some to sell the extra shares from the split, resulting in a tiny pull back. It happened somewhat during the last 2:1 split, around $64/share, a few years ago. Will the shorts report coming out soon, give us a clue? Anyway, good luck on this investment. It is never a question of when it will split again, but how long do we have to wait?