Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gerald Walls who wrote (1516)	10/23/2000 10:44:13 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 3256

I think I am safe with my statement, but you have a problem with your statement. The reason is GE has its own support and resistance level. Honeywell by the generous offer broke out of their resistance level. So they have room to move all the way up to just under $55, until the deal closes. GE went down, to lock on to 1.055 ratio; after that only if Wall street hates it then they will unlock with GE and Honeywell both falling. Wall street on the other hand loves some action. GE is big enough to be loved.