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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (29613)	7/9/1998 8:39:00 PM
From: yard_man	Respond to of 132070

Thanks. Always nice to get something that tilts the BS meter to maximum deflection. Making all their money in the financial services, hmmmmmmmmm.

To: Cynic 2005 who wrote (29613)	7/9/1998 9:18:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 132070

MMV, Have to love the GE comments. I worked for this company and during recessions it was hell. In fact they end up in my Dogs of the DOW during these periods. Also, Jack still has more manufacturing than the analysts seem to know about. Joan

To: Cynic 2005 who wrote (29613)	7/10/1998 11:59:00 AM
From: Knighty Tin	Respond to of 132070

MMV, What the guy is telling us is, if it hasn't happened yet, it can't happen. <G> It's called extrapolating the current trend ad infinitum. Since when are service businesses free from pricing pressure? Am I the only one paying $5 a trade for stock trades? <G> And don't the employees at Kidder, Peabody ask for big bonuses when they have a great year? Isn't municipal bond insurance, such as FGIC, a cutthroat business just waiting for the next big default to eat its margins? And isn't GE leveraged into the bubble stock market with its corporate money? Oh, well, no use beating a dead horse. GE is a great company, but it is not perfect (ask Jim Jett). And there is no way that this co., growing at a rate in the mid-teens in this easy money environment (the best of all worlds for a service business) is worth 36 times eps over the long haul. However, they do have that great 1.3% dividend yield to support them. Hold on for 4 years and you earn a T-Bill rate for one year. <G> MB