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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (34085)	4/11/2002 9:30:47 AM
From: Trading Machine	Read Replies (1) \| Respond to of 52237

Lee, CBS is putting a little different spin on it. GE profit dips, revenue falls short (GE) By Steve Gelsi General Electric (GE) posted first-quarter net income of $2.5 billion, or 25 cents per share, compared to $2.6 billion, or 26 cents per share in the year-ago period. Earnings before required accounting changes were $3.5 billion, or 35 cents per share, up from $3 billion, or 30 cents per share last year. The number matched the figure of 35 cents in a survey of analysts by Thomson Financial/First Call, but was shy of the estimate of 40 cents by Multex. Revenue of $30.5 billion were about the same as in first quarter 2001, but short of the Wall Street forecast of $33.7 billion, according to Multex. Shares of GE rose 75 cents to $37.20 on Wednesday ahead of the report.