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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (12229)	11/8/2002 4:40:41 PM
From: mishedlo	Read Replies (2) \| Respond to of 57110

Look at this pot and kettle story JPM, aka Derivative King, saying GE has too much leverage?? LMAO 2:49pm 11/08/02 GE falls after cautious note from J.P. Morgan (GE) By Julie Rannazzisi General Electric (GE) was among the Dow's leading losers throughout the trading day following a cautious note from J.P. Morgan. The firm said an analysis of GE Capital's balance sheet suggests a "higher degree of leverage" than it had previously thought and added that this could have implications for GE's acquisition strategy and reported returns. Still, J.P. Morgan maintained its "neutral" rating on GE given its relatively attractive valuation, though it's cautious on the stock ahead of 2003 earnings outlook. GE lost 4.6 percent in recent trades to $24.90.