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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (3088)	5/8/2002 10:18:44 PM
From: Gottfried	Respond to of 95487

GE confident... General Electric Co (GE) (32.85 +2.20) GENERAL ELECTRIC CO. said it is on track to meet previously outlined earnings targets for the year. GE also said it is comfortable with Wall Street analysts' profit forecasts for a double-digit increase in 2003 earnings, as well. Chief Executive Jeff Immelt said he is confident the company's 2002 earnings, excluding the effects of accounting changes, will top $16.5 billion, or between $1.65 to $1.67 per share -- an estimate it has stood by repeatedly since January. Wall Street analysts currently are looking for 2002 earnings of between $1.63 and $1.66 per share, with a mean estimate of $1.65, compared with $1.41 per share in 2001, according to Thomson Financial/First Call. (Reuters 10:43 AM ET 05/08/2002