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

To: badgerstate who wrote (1824)	3/29/2001 8:49:47 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 3256

First, Guntal is a relatively small brokerage and had no influence by analysis on the NYSE market. GE is on the NYSE and is on the bid system rather than offer system as in Nasdaq. If you deal with Guntal, invest in what they specialize, especially technology stocks. Where they could offer you 40% guaranteed gains per year, if you join their stock and cash pool. Every firm on Wall street has a minimum. ie., Morgan Stanley guarantees if your account is $400 million minimum. They don't, however, allow you to touch that account. We all know what minimum account requirement Solomon placed on Warren Buffett. So that is the tradition on Wall street. Regarding the future projection of GE stock price trends; you can only look at the shorts' average cost. If shorts are forced to average down then the erosion will continue. Presently, I estimate the brokerage shorts at about $50+/share. They like to make about 30% or 40% gains from their cost. The above mentioned (40% gains)guarantee makes huge sense of how Wall street ticks? I don't buy GE; but what small amount that I do buy is what companies GE might acquire to average my costs down on GE ownership.