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


To: Captain Jack who wrote (1697)2/14/2001 6:44:53 AM
From: Arthur Tang  Read Replies (3) | Respond to of 3256
 
Shorts are definitely a concern if it is extraordinary or new since the merger was announced. If large brokerages held the shorts, it may be a two year problem in share value. Mr. Welsh has to talk to the specialist to talk to the bull pan bosses. No one wants to spoil our wealth.

Granted, that people like to compare his judgement of GE based on his opinion of priceline and others, who give away their companies on the net or elsewhere. Good management do not give away someone else's store like priceline did either.

Granted, GE may have cold feet about now; but details in the merger has to be studied in deep. Quick decisions are not wise at this time period.

On the other hand, GE usually languish after the split. It took two years to split 1 for 1. Then it took three years to split 1 for 3. Good luck, HON may shorten the time it takes to split again. If you don't manage any companies, you wouldn't see the difference how companies are run. They are not all the same, you put in the controls and watch them bloom all at the same time.



To: Captain Jack who wrote (1697)2/14/2001 7:49:19 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 3256
 
Cap Jack- I don't really care about short vol, since I am not short GE.

<<I was not all that excited about the purchase price of HON. It should have come cheaper but Jack was not on top of HOn and jumped in quick and deep,,, only time will tell if he is correct and he will not be there for the end result. Even if it is a mistake to a degree--------- it will be rectified with little effect on share price or EPS for anything but a very short period... >>

I recall that is what was thought when conseco bought Green Tree Financial !! LOL !

Jack paid waaaay to much. And law says they can't sell anything for two years following closing.

Victor