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


To: Woody_Nickels who wrote (43172)2/2/2009 7:37:05 PM
From: EACarl1 Recommendation  Respond to of 95596
 
RE "GE's market cap on 7/19/07 was $418.8B, today $124.3B"

For good reason.

Tangible equity per share about $1.36.
Long term "investments" of about $43.05 per share.
IF a mere 3% of those "investments" are worthless paper,
tangible equity goes to ZERO.
IF 6% of those "investments" have to be written down by 50%,
tangible equity goes to ZERO.
One more detail..................
~$330 B-B-B-B-B-Billion in debt.

Wouldn't touch it at any price.