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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (21565)	3/22/2002 10:58:35 AM
From: John Pitera	Respond to of 23786

Kirk, I'd never call you a fool, and how could I when Great minds think alike :-) Message 17232072 Interesting, GE is by no means a horrible corporation and we could see a buying opportunity surface in GE because of this GE's "short-cycle" business will be stronger contributors to earnings this year. so it's not all bad. ----------------------- ...."Short-cycle" businesses, which react quickly to fluctuations in the economy, include plastics, lighting, appliances and NBC. They comprised 20% of GE's 2001 net earnings and were hit hard by the economic downturn. But they should bounce back early in the recovery. Power systems, medical equipment, aircraft engines and transportation's end-markets have longer cycles, and constituted 40% of 2001 net earnings; they may grow more slowly, but should still benefit from GE's focused acquisitions strategy and rigorous cost controls. GE also is trying to provide more services to customers across the spectrum of its businesses. Another plus: GE is likely to continue making acquisitions to stay first or second in all its product lines, a longtime Welch edict. Acquisitions accounted for at least 40% of the company's top-line growth in the last 15 years, she writes.