Having worked there in the past I have a soft spot for what I was able to save from working there. The savings plan they had at the time paid 50% matching and I took advantage up to the maximum they would allow. Some new hires were extremely foolish to not invest in them during the 80's. The last stock I sold had a cost basis of sub $1. I have been out of it for about 2 years and am strongly considering returning today.
I'm waiting on the sidelines with cash and a-watchin' (both Intel and GE).... ;-)
re:GE has guaranteed their dividend through 2009. I've been buying.
Problem with buying GE is that there are some ugly rumors that GE is getting hit hard on their financial services arm. So, while you might see a high yield, 2 things can easily happen:
1). The stock drops a LOT further 2). GE will then cut the dividend
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