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To: patron_anejo_por_favor who wrote (34616)3/20/2002 12:06:19 PM
From: Sully-  Read Replies (2) | Respond to of 209892
 
12:02 ET General Electric criticized by PIMCO's Bill Gross (GE) 39.25 -0.65: -- Update -- A piece about GE by PIMCO bond fund manager Bill Gross is getting a lot of play today. Gross is focussed primarily on the fact that GE Capital has commercial paper outstanding which is three times the size of their bank credit lines, and that this exposes the company to the "mercurial opinions" of analysts and managers. Gross says that as a result PIMCO will own no GE commercial paper for the foreseeable future.