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To: H James Morris who wrote (116782)	2/1/2001 6:12:15 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

Jim Scon so far good, I bought Imnx today it could turn here doesn't look bad intra day.

To: H James Morris who wrote (116782)	2/1/2001 9:57:28 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

HJ this acq of honeywell (a.k.a. honeywell + Allied Signal) is going to be a complete disaster for GE. The Honeywell /Allied Signal merger was a lukewarm deal at best from the start, and it would have been a stagnant, mediocre co in 2 yrs from now. So just as Hon/Allied Sig was begining to try to figure out how to jettison all the low margin/no margin businesses they now have, and there are many, here comes GE to overbid UT for the co. But GE was driven by the ego of Jack Welch. And there's no stopping that. And UT wisely stepped back and did not counter the GE offer. Because they knew GE paid too much. This is going to be really bad for GE. They overpaid badly for a low-margin company with many 3rd-rate lines of business. And Welch will be long gone playing golf full time. Victor