[CANSLIM] ge down

From: "zillagirl" <zillagirl@email.msn.com>
Subject: [CANSLIM] ge down
Date: Sun, 30 Jun 2002 23:56:25 -0700

Previous Article (by Author): [CANSLIM] General "Winston Little"
Articles sorted by: [Date] [Author] [Subject]

This is a multi-part message in MIME format.

- ------=_NextPart_000_000F_01C22091.BE25F2E0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

I read on a board that credited london AFX-UK via Comtex-that GE =
inflated profits last year by 2.1 billion using credit from pension =
profits or it would not have met its earnings. This is legal (but may be =
changing I think) The 50 billion fund was down by 5 billion. Also the =
revenue growth was down for 8 quarters and flat growth with increased =
earnings wont fly forever.  I know this is off topic and its not =
accounting fraud, but may explain why GE is cut in half last year. =
thanks noted I heard it on a board so it can be taken from its source.

- ------=_NextPart_000_000F_01C22091.BE25F2E0
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>I read on a board that credited london =
AFX-UK via=20
Comtex-that GE inflated profits last year by 2.1 billion using credit =
from=20
pension profits or it would not have met its earnings. This is legal =
(but may be=20
changing I think) The 50 billion fund was down by 5 billion. Also the =
revenue=20
growth was down for 8 quarters and flat growth with increased earnings =
wont fly=20
forever.&nbsp; I know this is off topic and its not accounting fraud, =
but may=20
explain why GE is cut in half last year. thanks noted I heard it on a =
board so=20
it can be taken from its source.</FONT></DIV></BODY></HTML>

- ------=_NextPart_000_000F_01C22091.BE25F2E0--


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Previous Article (by Author): [CANSLIM] General "Winston Little"
Articles sorted by: [Date] [Author] [Subject]

Go to Jeff Salisbury LWGate Home Page.