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To: The Freep who wrote (25443)12/17/2001 7:58:10 PM
From: Les H  Read Replies (2) | Respond to of 209892
 
For 2002, GE expects earnings of $1.65 to $1.67 per share, which includes a gain of 4 cents to 6 cents per share for the effect of a change in accounting for goodwill and a lower estimate of long-term returns on pension assets.

First Call uses the pro forma operating estimates and companies report them so long as pro forma benefits them. Comparing the above GAAP projection to the pro forma estimate results in the gain.



To: The Freep who wrote (25443)12/17/2001 8:29:36 PM
From: bcrafty  Respond to of 209892
 
GE is also increasing its dividend and its share repurchase program.

Adding those two items to the comfort with their guidance leads me to believe they are indeed confident, despite the current state of the economy. They just might pull it off, as diversified as they are, and that diversification is them something many other big blue chips don't have.

One of their latest potential moneymaking moves is allowing liquor advertising on their television media. Boldly going where others fear to go, so to speak.



To: The Freep who wrote (25443)12/17/2001 8:29:41 PM
From: marginmike  Respond to of 209892
 
from what I hear they said if the economy gets better things will get better. HOHOHO