On Wed, 8 Aug 2007 19:43:41 -0700, Lew Hodgett wrote:

"Too_Many_Tools" wrote

Nor has GE recovered from the Welch Effect.

GE today is worth about 2/3 of what it was when Welch left and that has only
happened in the last quarter.
Prior to that it was lucky to be worth 1/2 for the lat 5 years.

TMT doesn't let facts get in their way. GE stock was strong, then 9/11
happened, went into a slump for a while, and is now doing very well. At
40 now, I don't think it went below 28 or so though, so 3/4 rather than
half, yes.

Dave "got a bit of it...and a few years there" Hinz