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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Kid Rock who wrote (3384)5/2/2001 8:48:49 PM
From: jim black  Respond to of 74559
 
Kid, nice number to come up with...but a little further research from Insidertrader.com
shows in addition to all that cash:
Longterm debt/Equity=1.6 ( they owe more than their equity, yummy)
Cash/Share=82 cents for everyone of those yummy shares
Tangible book value<$US3
Price/ Tangible book value> 20, again yummy.
Hope you make a million on shares of GE.
They are a bit too rich for my blood, along with just about everything else in this market. I keep
remembering Warren Buffett said a very short while ago he could find no compelling buys in this
market.
jim black
PS I keep wondering how safe all those loans are, the ones in GE Capital Mgmt. I am incidentally
neither short nor long anything in GE.