General Electric Company (GE)

[Porgie Tirebiter]

That's a fair point. With a price of $30 and assuming the shares are bought back in the high $20s or even as high as $30 the market cap will land at about $250 billion when the dust settles. Roughly the same as it's been for quite a while now.

But keep in mind, you are talking about a smaller GE ("simpler" as Mr. Immelt puts it). So I think the market is pricing GE just about right this morning, maybe with a little overshoot.