I am about to buy GE because I don't think it will get much cheaper and it is a quality company to hold. They were stupid and greedy in entering the financial services industry - but I HOPE GE management learned their lesson and jettisons the parts of the company that will drag them down until they are sold. GE has many quality products that are either the 1st or 2nd best in the world - see 'Chamois16' comments above - and if they capitalize on their great products and dump their non-performing sectors GE will shine.
Subprime Is Worse Than A Hurricane [Housing Tracker] [View article]
I just read where developers in Fort Wort are selling new homes at STARTING BIDS AT 60% DISCOUNTS from 'normal' prices. Maybe that will soothe the savage 'subprime beast', eh?
GE May Spin Appliances Unit, Not Sell It [View article]
Hey Simple Simon, Forget about washing out of your helmet - they're Kevlar now, (and would probably break down / dissolve if you put water in them. Your premise is right on. How many "Adults" would even put down the remote to tend their garden? Right now, very few. Wait a few years though, and I bet at least 100% more will actually perform manual labor. It is funny how hunger motivates people.
GE, Microsoft on New Low List [View article]
Subprime Is Worse Than A Hurricane [Housing Tracker] [View article]
GE May Spin Appliances Unit, Not Sell It [View article]
people.