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

To: Arthur Tang who wrote (1822)	3/28/2001 9:46:18 AM
From: Hungry Investor	Read Replies (1) \| Respond to of 3256

Arthur, i believe, and someone can correct me with actual figures if they like, that most of the 401(k) money right now is going into cash, not stocks. most are still scared to the point where they will not risk their retirement in the equity markets. not now at least. additionally, the funds flow may be negative this next month as people pull out funds to pay taxes (estimated or actual) on the 15th assuming that they have already made safeharbor and estimated payments. HI

To: Arthur Tang who wrote (1822)	3/28/2001 5:57:43 PM
From: badgerstate	Read Replies (1) \| Respond to of 3256

Arthur, Here's a recent analysis that's consistent with mine, although I think 33 - 35 could be a temporary (trading) bottom. 10:41arn 03/27/01 Gruntal's Gold skeptical ofGE gains (GE) By Tomi Kilgore General Electric (GE) is ratcheting up $1.16 to $41.39. The Wall Street Journal reported that Luxembourg firm Societe Europeenne des Satellites SA is near a deal to buy GE's satelliteservices unit for $5 billion in cash and stock, which could be announced within a week. After hitting a 52-week low ($36.42) on Thursday, GE's stock has tacked on 10 percent in the past three trading session. Gruntal & Co. technical strategist Todd Gold said in a research note to clients that he expects the stock to decline from current levels. He notes that the recent action in the shares have created a "V -bottom that is typically resolved to the downside." His downside objectives are $37 and $33; his scenario would be negated if the stock moves above $44.50.