General Electric Company (GE)

[azpete0]

Any of the divestures are more than likely to accompany debt and any other overhang associated w/it. Why would they not. That's like me asking you to buy your ice cream company and you keep all the debt/leases/obligations. See the story on the recent transaction with "Starwood Property To Acquire GE Capital's Energy Finance Unit For $2.56 Billion" Has $ 400 mil of loans and personnel to boot. Less cost and debt for GE and more importantly it's not aligned with their core strategy objectives.

As far as Tusa, I don't follow the guy except a video of him I once watched, but I was surprised with the questions he had on the conf call.(see GE's transcript for Q2 ) He inquired on Aviation 3Q projections and total head count cost... some bonehead questions I would expect a high schooler or college intern to ask. Aviation is doing great and GE already answered that question... Who the h** cares about headcount cost? Again..already addressed on total restructure cost by GE.... Notice almost all the other analysts actually had great questions. He should have at least focused cash flow, asset values worth when GE unloads or even power. Not trying to pick on the guy, but it caught my attention for his stupidity of questions....

I'd strongly recommend sifting through GE's presentation slides, Q2 transcript and even the tedious press release.

GL