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

To: Frank Griffin who wrote (1508)	10/22/2000 11:56:10 PM
From: Captain Jack	Read Replies (1) \| Respond to of 3256

Frank-- I just hope JWs hanging in there for another year is enough to keep it from taking another hit on the HON purchase... but nearly everyone will look at that as very positive news. JW has done great for a very long time!

To: Frank Griffin who wrote (1508)	10/23/2000 12:24:45 AM
From: bigcue2000	Read Replies (1) \| Respond to of 3256

Frank - Yes I do. This stock has been adrift since the 3:1 split on 8 May. At that time the split adjusted price was $52.4375. I believe the reason for the drift, aside from the general market meltdown, was the Street’s uncertainty over JW’s successor. The QUICK merger with Honeywell would ordinarily trigger a further loss in valuation; however, knowing that JW will stay aboard through 2001 should calm the Street and negate any significant loss in valuation of GE stock (IMHO). The forthcoming announcement of JW's #2 will help. Tomorrow will tell the story.