February 10, 1999
Generals at War
General Electric price (2/9/99): $96
Is there anything General Electric (NYSE: GE) doesn't do? It seems that the only thing wider than the GE product line is the range of disagreements in this week's Duel.
This time we have Selena Maranjian (TMF Selena) and Rick Munarriz (TMF Edible) as bull and bear, respectively. Does GE bring good things to life or is it just a burnt out light bulb? You'll get to decide for yourself.
You Get to Vote!
Once you've read the arguments and the rebuttals, it's your time to cast your vote. We'll tabulate results each week and revisit them from time to time to see whether you were right! As always, we invite you to join us in the Dueling Fools Message board to continue the duel.
[Any suggestions, comments, praise, or flames, please send them along to the Dueling Fools Team.]
Take a gander at a chart of General Electric's stock price over the last ten years, and you'll see a fairly straight line, headed northeast. Such a graph suggests that the company is well managed, encountering few developments for which it's not prepared. In that period, the stock price zoomed from roughly $13 to $100, about a 25% annualized return (not including dividends).
GE, we bring good things to hype. I have taken a shine to that peppy little slogan and by the time I'm through with my bearish bent I think you might come to agree with me. By now I'm sure Selena has gone over the many General Electric subsidiaries. Did it fly for you? Should a company that makes aircraft engines really be peddling home equity loans?
Results for last week's Exxon Duel
|I can't make up my mind||
|TMF Puck's Bull argument||
|TMF Edible's Bear argument||
|They were both excellent||
|They were both lame||