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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (71169)2/28/2009 12:05:34 AM
From: Cogito Ergo Sum  Respond to of 74559
 
The American Nortel ;o)

Who was that chap here on the Booms Busts.. a few years back that kept insisting NT was going to zero ... He should be here pounding his chest and basking :O)



To: TobagoJack who wrote (71169)2/28/2009 12:50:16 PM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
Being pumped up on debt has always been a road to disaster, yet hordes of people generation after generation have to relearn the lesson. Easy riches come from borrowed money, for the lucky few, so debt retains eternal allure.

GE at $5 seems decidedly doable. 50c wouldn't be out of the question by simple extrapolation of the graph.

Mqurice



To: TobagoJack who wrote (71169)3/4/2009 10:23:42 PM
From: Snowshoe  Read Replies (3) | Respond to of 74559
 
Sorry, GE Shareholders, You Owe $525 Billion (GE)

Henry Blodget|Mar. 4, 2009, 12:37 PM|40

GE shareholders like to imagine that they own a lightbulb-and-jet-engine-making company that also has a little financing business. Unfortunately, they don't.

businessinsider.com