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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (185937)2/23/2009 12:53:02 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
at some point, it seems plausible that GE will spin off it's finance arm and go back to making jet engines, appliances, and other stuff<g>...it is justifiably trading like a C or a BOA...just not sure who they will be able to unload their financial division upon....we all know how the wachovia and countryslide deals worked for the acquirer



To: Smiling Bob who wrote (185937)2/23/2009 1:36:31 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Coe said the zero valuation is the primary factor behind lowering his price target on GE shares to $12 from $17."

When did he write that? If GE Capital goes to 0 then it's worth 12? Must be a major buy then. Something is not right here.

Maybe we'll see GE Capital bank.


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