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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: J. P. who wrote (38297)4/8/2001 12:17:28 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
MILAN (Reuters) - General Electric Co. (NYSE:GE - news) will continue to enjoy double-digit growth even if a planned merger with Honeywell International Inc. (NYSE:HON - news) is vetoed by EU regulators, GE Chairman Jack Welch said in an interview with Italian daily Il Sole 24 Ore published on Sunday.

``General Electric will stay a company that grows in double-digit figures annually with or without Honeywell,'' Welch was quoted as saying.

But he said GE could ``grow faster and become bigger'' if the merger was allowed to go through.

Welch was reluctant to predict when the European Union would complete its review of the merger



To: J. P. who wrote (38297)4/8/2001 4:12:47 PM
From: AlienTech  Read Replies (1) | Respond to of 50167
 
I am not a bear. Well I wasnt until I started looking more deeply at WHY the market went up so much. The US might not be Japan, but I dont see many differences that would make the US any better than Japan. Unless the US has a lot more idiots willing to throw money into the market thinking they can make a killing. There will be rallies but I think we need a catalist now to take the markets up. I dont see that anywhere. I would be surprised if 3G even gets off the ground now. Almost all americans I talk to belive this is a short term dip. But none of them have a clue on anything other than they saw a lot of their wealth go down the drain. A few months ago when jtech was saying compx would go to 1500 or less I said no way, that was before I looked deeper at the debt loads and ponzi schemes of the us market and complete blatent lies and deceptions done by us corporations. I am waitng for CSCO to drop the ball pretty soon. After all, they might comply with GAP and all that, But even a fool idiot like me could see how much they leverage and all the write offs they made to show all that growth. You belive analyists? All the way down to 1700 from 5000? Remember they downgraded Yahoooo under 30.. not when it was closer to 300.

Ps I aint short.. havent shorted anything for a while now. An dlost money on that. But looking back my short of ISLD @ 144 was great, except it went to 148 1/2 before dropping like a rock and my limit to cover was 148. Not even worth a buck now.