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Prudent Capitalist

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Prudent Capitalist

Re: biotech_researcher post# 3962

Thursday, 07/27/2017 10:59:20 AM

Thursday, July 27, 2017 10:59:20 AM

Post# of 11963
Agree. Immelt's tenure as CEO has been an unmitigated disaster, and he effectively ran America's greatest company into the ground. It will most definitely take years to reverse the damage, and a breakup may be the best result long term holders here can hope for.

What good are repeated quarters reporting $$Billions in order backlog if the company cannot make any real significant profits off of the years of huge order backlogs?

GE = Gargantuan Enema
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