Replies to post #7035 on GE Aerospace (GE)

[uber darthium]

I would think at this time Boeing is in serious talks with GE concerning future orders.

GE is sole engine supplier for the new version of the 777. A disaster in the mid $3 range is only weeks day.

My prediction is GE will cease to exist and be acquired for mere pennies on the dollar by Pratt or Rolls, however this might be a steal for Boeing to acquire, though would affect engine sales to Airbus. Lots to play here. Would this make sense to buy at $4 later next week ?