Eugene David
...The One-Minute Pundit

Sunday, June 03, 2007


OH oh:

"There is a point where they are going to have to do something," says Paul Jackson, a money manager who runs his own firm in Newton, Mass. Jackson has owned GE for a while, but if other stocks keep rising while this one stalls, "there might come a time when our clients tell us to sell GE," he says.

Matthew McCormick, of Cincinnati money manager Bahl & Gaynor, is blunter. "[GE] has to find a way to reward shareholders, or someone will come in and force them to make changes for shareholder value," he says.

For Immelt & Co., the clock is ticking.


The nice thing is GE BANCORP would make a MIGHTY expensive acquisition. Maybe the Chinese could do it.

Tick...tick...tick...tick....

P. S. And this at the end of another press release from an INDEPENDENT (Nyuk! Nyuk! Nyuk!) financial news-gathering outfit. Yep, SLIME can only do better.

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