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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (806)3/20/1999 10:19:00 PM
From: Uncle Frank  Respond to of 3256
 
>>dell split about one month ago. do you think that has any lingering effect on its stock price today?

Yes, I do. This was a defensive split by dell; they had just missed analysts' expectations for the 2nd quarter in a row and were about to get spanked. Without the split, I think dell would be in the 60s (or 30s post split).

jmho,
Frank



To: taxman who wrote (806)3/21/1999 4:41:00 AM
From: De Peepster  Read Replies (1) | Respond to of 3256
 
Dear Taxman,
DELL had other issues IMO. Take a look at EBAY who recently split.
Or for a pre split effect NSOL & DCLK. Or for non Inut issues take a looksee at MRK pre & post as well as PFE for a pre split effect (which
will take it to 170 - 180 IMO before the actual split).
1999 is shaping up to be the year of the split, honestly hope you reevaluate your stance on the "value" of a split, we all invest differently, I wish you every success in yours.
Re:
"ge might be increasing in price because of its investment in internet companies such as cnbc, msnbc and cnet."
GE owns 7% of IVIL that went public Friday ;). While it is a factor,
it is far from the only reason. Indications are for a short term rise
to 120 within 1 to 2 months and 150 - 160 by EOY. Chart of GE is very
interesting when compared to the DOW, the consensus is that GE will breakout of that pattern and leave the DOW behind, of course it is always welcoms to follow, lolo ;),, AMB,, Barbara



To: taxman who wrote (806)3/21/1999 2:32:00 PM
From: Sonki  Read Replies (2) | Respond to of 3256
 
Lehman Brothers said it had boosted its price target for GENERAL
ELECTRIC CO to $130 a share from $110. Further details were not
immediately available. (Reuters 10:34 AM ET 03/19/99)

i hope u made the right moves.
what did u sell?