Guero

General Electric: Not Quite a Value Trap, More Like a Value Pit

Someone said earlier that GE doesn't make anything anymore.....that will come as a surprise to their Aviation unit which still has a dozen or so US facilities (not including worldwide). Ditto for the Energy unit with another dozen or so worldwide locations, and the smaller BU's that produce stuff like geo-intelligence software.

Yes they are getting out of consumer appliances, but that's a good thing. Even the crapmeisters in Shenzhen are starting to get their ass handed to them in that market. Pretty soon, no one will be able to make any money making and selling appliances.