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


To: Captain Jack who wrote (1405)8/30/2000 12:56:12 PM
From: Arthur Tang  Read Replies (1) | Respond to of 3256
 
In the corporate world, NBCi has a new CEO therefore he will be given time to correct the problems.

What he is going to do is to spend $50 million on NBC to advertize NBCi. You know, no one will force them to change a thing at NBCi because they are a big customer to parent NBC. GE structurewise would not have matrix management on NBCi. They don't own it and NBC only owns 40%, I think. GE does not have control on GE capital's subsidiary either? Inacom's demise was a shame.

This thread is not the forum for NBCi, but if we discuss Net business for GE using NBCi would be appropriate.

But more importantly, the next year's target for American economy is going to be 14 trillion dollars. It translates to Dow of 14,000. Which means GE being one of only 30 stocks will go up some. Which also means profits at GE will be scrutinized a whole lot more.