Cora1

GE: More Bad News to Come?

It is apparent that some things are not going very well at GE at the moment. However, are things as bad as the share price suggests? On a Euro basis (rather than in USD), the stock trades currently lower than in 2002, and we are talking a company with a major share in turnover and assets outside the US, and with some US assets that deserve a far higher multiple than what is paid for the group as a whole.