GE warns

Discussion in 'Trading' started by Kevmeister, Sep 15, 2001.

  1. This is the first time I've ever seen GE warn on earnings. I realize that it is because of the WTC catastrophe and they will have an estimated $600 million in claims.

    Any opinions on what this means for GE on Monday?
  2. Holy wow. I don't know what to make of this.... It can't be good for the market though.
  3. limbo


    You can say that again HK-It sux.
  4. Trader01


    GE, the holy grail, takes a hit. Jack Welch sure left at the right time, didn't he.

    Be careful with that market Monday. Don't trade it unless you have to.