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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (143422)	6/26/2002 4:14:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

BTC MSO : MARTHA STEWART LIVING'A' (NYSE) at 10.25

To: GST who wrote (143422)	6/26/2002 4:54:23 PM
From: Alomex	Read Replies (1) \| Respond to of 164684

There are two areas of potential concern with GE: fake accounting and nonperforming loans. To be clear, I have no evidence of fake accounting, rather my concern is derived from the various other companies which are restating earnings. Could GE be in the same boat? Time will tell. About non-performing loans, I know GE capital underwrites a massive amount of loans. So far the low interest rate has worked in favour of GE, but if bankruptcies start rolling in, GE could be punished severely. As a side note, I noticed that the money market fund where I park my money reduced it's GE Capital bond holdings by over 70% since last summer.