Thread regarding General Electric Co. layoffs

"Unlikely, but lets see." Look at the PE its still over 20. Siemens is about 17. To match it has to be about ~15 per share. You must be a manger at GE. Wishing or imagine it works or imagine it will go up! Take some advise from the Enron employees ...Don't put all your money in the company you work for.

Analysis is allot like looking out the window for clouds. You will see them get black or grey. When they do typically that is rain. You get in a habit of looking at the past.

Looking at consumption and production of oil is the same. Most oil companies are prospectors basically. Many go out of business. The money is in processing and field maintenance services. You could have found that out from Rockefeller. Its allot like looking at the past.

Unfortunately GE is in a downward spiral from years of bad management and financial gimmicks.

They got rid of manufacturing, built expensive facilities in India and China thinking they would save money. Now all this is strangling cash flow and earnings have evaporated. They covered a lot of this by selling off the GE empire to raise cash. Now there are few businesses left that used to bring in cash.

All the things that made GE successful have been squandered long ago by bad management that really didn't know the businesses but thought they did.

GE is almost an empty bag now

Many analysts are highly-educated and often get access to information directly from the CEOs of the major players in a business segment but they don't work with a crystal ball. It may often be the case that CEOs, industry leaders or governments don't even know how a particular industry is going to perform over a forecasted period. You only have to look at current state of the oil industry to see that. Saudi Arabia, OPEC, major oil producers, Goldman Sachs etc are all guessing what might happen and still got it wrong.

Those are the same analysts who predicted $34 only a year ago.

Unlikely, but let's see.