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Re: SoxFan post# 62299

Tuesday, 01/07/2003 7:05:56 PM

Tuesday, January 07, 2003 7:05:56 PM

Post# of 704049
SoxFan-- GE has been punished because Jack left & again for Jacks pension. The strike threat, the pension liability, etc all has been involved in taking away the premium they accumulated over decades. It lost its premium and will not get the premium back 100%, T will never get but a tiny amount of their premium back. Not to say GE will not increase but will need to earn it back through earnings. I have found GE a great swing trade for over a year. Seems like it has been good for 10% - 15% at least once each qtr. BTW-- I bought awhile back @ 22.90 and have that in a "HOLD" account. Have ben trading it under 25 often too.

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