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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (11699)	12/17/1997 1:38:00 PM
From: MythMan	Respond to of 18056

Mohan - the GE charge merely offsets this gain. biz.yahoo.com Had this "gain" not happened, the charge would not have happened either. GE has plenty of cushion ex a recession. Even then I bet they are covered until year 2000 for sure. Pete

To: Cynic 2005 who wrote (11699)	12/17/1997 2:02:00 PM
From: Nancy	Respond to of 18056

Mohan, GE's retructuring is ongoing project - and CEO said it is ahead of schedule - so street is happily bid up the stock to its 52 week high. GE will not warn. It probably is the best in terms of managing expectation. Second best is MSFT.

To: Cynic 2005 who wrote (11699)	12/17/1997 4:22:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 18056

Mohan, >>I think GE already warned. If not, what is that $2b "restructuring" charge all about? It is my perception the restructuring is on the industrial side of the house. With the information from Jacks analyst meeting this week it sounds like the financial side of the house is going to carry them this quarter. I sure could be wrong. 40% of GE's earning come from the financial power house these days. Charging 21% interest on credit cards helps.<ggg> Joan