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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (33218)3/13/2001 9:45:36 AM
From: SecularBull  Read Replies (1) | Respond to of 65232
 
GE comfortable with Q1 ests. (GE)

By Tomi Kilgore, CBS Marketwatch

General Electric (GE) said in a meeting with analysts Tuesday that he was comfortable with the consensus analyst estimate for first quarter earnings of 30 cents per share. For all of 2001, the company also reiterated that earnings growth for all of 2001 would be in the "double-digit" range, "in any foreseeable economic scenario. Separately, GE said synergies from its proposed acquisition of Honeywell (HON) should exceed $3 billion, which is more than double the initial estimate. Also, the company highlighted the impact of its e-business initiatives, saying it would save the company $1.6 billion pre-tax in 2001. The stock is climbing $2.20, or 5.6 percent to $41.80.



To: stockman_scott who wrote (33218)3/13/2001 9:47:11 AM
From: Dalin  Read Replies (1) | Respond to of 65232
 
Top o da mornin Porchies!!

Now's the time to take out the DOW!

Nasdaq has already been hit....duh!

:0)

Ramblin



To: stockman_scott who wrote (33218)3/13/2001 9:49:23 AM
From: Murrey Walker  Read Replies (1) | Respond to of 65232
 
Scott...it's so assuring when the government tells us that retail spending is slowing (I say this with extreme sarcasm).

Wonder what the Commerce Department will say about the March sequence? Maybe slowing a bit more?