Derek Syphrett

Valuing GE (It's Cheap)

why bother getting ahead of the business cycle... the risk reward doesn't seem to make much sense here. There is so much not known about GE's forward borrowing costs and its equity destroying write downs via tremendous exposure to cash poor customers like Aerospace and Hospitals. This is not the point in the business cycle to mess with GE... it's discounted for good reasons.

Granted there may be 30% upside - but on a relative basis to other opportunities in the market place that's not amazing.

GE will be a buy when they announce a break-up of the un-related businesses. They don't need to manage a portfolio of companies for the investing public or institutions... they frankly haven't done a great job re-investing and creating shareholder value.