Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2768)	7/8/2002 1:22:27 PM
From: Logain Ablar	Respond to of 2850

Hi NM: Continuing our ongoing GE discussions. The defense of $34 didn't hold. stockcharts.com Employers RE now fessing up to a $500 M charge. Notice how this is after the majority of US Reinsurers fessed up last year after 9/11 (remember General Re @ Berkshire). From the accounting conspiracy theory it was GE who provided the spark to turn the market on 9/21 when Imlett indicated GE would make its 2001 #'s. Just a coincidence Employers Re did not do a full reserve review and take this charge last year?