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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (78458)6/12/2001 7:08:26 AM
From: John Carragher  Read Replies (1) | Respond to of 99985
 
someone just woke up and discovered General Electric may be a financial company. Now? they are getting worried about ge capital loans to tel coms.(two of the holdings already filed for chapter 11) Looks like Eu will not approve ge/hon merger.
I only mention the news on ge as it may impact market.

On the other hand some good news is British tel and Germany tel. have joined together to share equipment. I believe they mentioned this would avoid new costs of some 20/30% in additional purchase of equipment. talking head mentioned this would affect nok. I fail to see how nok rather nt,lu, ..