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


To: Arthur Tang who wrote (1521)10/23/2000 5:01:48 PM
From: Gerald Walls  Read Replies (1) | Respond to of 3256
 
A share is a share; it never is anything but a share.

The number of shares outstanding never tells anything different.


So, hypothetically, if a $500 billion company with 10 billion shares outstanding that's in a sideways trend buys a $10 million dollar company with 5 million shares outstanding that's breaking out to new highs you'd say that the because the stocks are now linked the strength in the smaller company will drive the larger purchaser up.

If you want to argue; you have lost.

Whatever you say, chief.

I assert that Honeywell is no longer priced in dollars. It's priced in shares of GE stock. HON's stock price in dollars is a derivative of GE's. GE's price will dictate HON's price.



To: Arthur Tang who wrote (1521)11/2/2000 8:03:38 AM
From: Arthur Tang  Read Replies (1) | Respond to of 3256
 
In a way, the stock is now stabilized; trading range is narrowing. Quietness here sets in. All the analysis of the pooling of interest will have to wait. Hidden value in Honeywell can not yet be established.

Future depends now on the disclosures and close of the deal after regulators' approval. This is quite different from the partial or whole acquistions done or will be done in Japan and Korea, where GE's P/E determines the stock value.