Kirk Lindstrom

GE Capital Datapoint of the Day

Unless you want to overpay your executives, why not take advantage of lower priced debt? Would you rather GE raise more capital by diluting shares or going to Buffett at 10% a year?

The alternative is pay Buffett 10% for more capital, add 5% to that for profits and charge consumers 15% for their new appliances... nobody will buy appliances so GE will have to lay off more workers...

I own stock in GE and recommended it for my most recent buy in March at $6.76 for my newsletter explore portfolio. I took some profits at $11.59 but I still hold half the shares purchased at $6.76.

After paying for so many others to benefit from bailouts, I kind of like the idea of getting some of the assistance from TLGP. The program is meant to get funds to consumers to buy things like dishwashers and refrigerators so the savings are actually passed on to consumers with lower cost financing from GE capital.... the intention of the program, no?

NBC Refuses Pickens Plan Ad

T. Boone Pickens Comments on Oil and Yahoo!
kirklindstrom.blogspot...

General Garbage

Add back dividends and Yahoo! says GE was $42 on Dec 31, 1999
finance.yahoo.com/q/hp...

An analysis that ignores dividends in total returns for a dividend paying stock is "lacking."

Yahoo shows the S&P500 was 1463
finance.yahoo.com/q/hp...=^GSPC&a=11&b=...
and claims it accounts for dividends, but it doesn't.

Using SPY instead, we get the S&P500 is up a fraction (about 5 pts) since Dec 31, 1999 when you include dividends.
finance.yahoo.com/q/hp...
SO GE has under performed, but not as much as shown.