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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (4750)1/10/2009 7:45:23 PM
From: Oblomov1 Recommendation  Respond to of 6370
 
When they give up financial engineering, and go back to selling light bulbs.



To: Hank who wrote (4750)1/12/2009 9:16:46 AM
From: Pravda  Respond to of 6370
 
GE is a buy when the major of their earnings are not coming from the black box of GE finance. It could also be a buy when it loses its AAA rating or cuts its dividend.

Pravda



To: Hank who wrote (4750)1/21/2009 10:16:57 AM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
Hmm... after earnings? GS cut

>>>>>>>>>>>>>>

Goldman Sachs cut General Electric's share price target to $15 from $17 Wednesday, but said the company's industrial cash flow can sustain its dividend this year.

General Electric [GE 12.78 -0.15 (-1.16%) ], the parent company of CNBC, is due to report fourth-quarter results Friday.

Goldman Sachs [GS 66.94 7.74 (+13.07%) ] also cut its forecast for GE's fourth-quarter profit per share to 36 cents from a previous estimate of 45 cents. On average, analysts polled by Thomson predicted a profit of 37 cents a share.