Forums

Notices

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors




















» Premium Sponsors
» Banner Sponsors
» Advertisements
View Single Post
 
Old 02-06-2019, 11:36 AM
Boomer Boomer is offline
Soaring Parsley
 
Join Date: Nov 2007
Posts: 3,693
Default

Quote:
Originally Posted by valuemkt View Post
I'm biased, as I spent 38 years there and collect a pension from them. Current CEO is the second worst in history, after John Akers. Think Jeff Immelt at GE for a comparison. All magic and mirrors. The dividend is VERY tempting, and if you Believe in the Red Hat acquisition, go for it. While I depend on that pension income, from a stock buying perspective, that's what ten foot poles are made for
Thank you. As soon as you said, “Immelt,” I remembered conversations about him. We did not work for GE but know people who did.

I remember conversations about Welch, too. During his reign, he took them into finance — the beginning of the end??

And then came Immelt.

I understand what you mean about magic and mirrors.

It has been sad to see the demise of GE. It was once known as a company that took care of its business and its people and its investors. But unrestrained greed is bad economics.

I appreciate your answer about IBM. The dividend and being so far off its 52-week high got my attention. But I don’t know anything about Red Hat. Thank you for the perspective.
Reply With Quote
 

All times are GMT -5. The time now is 01:29 AM.