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To: Kaslin
Setting myself up for a super flame but I happen to own 1000 shares of GE. Purchased most of the shares when they were in the low teens. Currently trading around $19.50, a few weeks ago it was over $21.00 a share. GE stock also generates a respectable dividend.
As for GE appliances we've had good experiences ... refrigerators, ovens, dish washers. When I lived in CT our exit off the Merritt Parkway had the GE Corporate Headquarters next to it ... also knew some of the personal who worked there ... all top flight executives. In my estimation GE is an excellent US company.
8 posted on 04/19/2012 1:27:59 PM PDT by BluH2o
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To: BluH2o

Is GE still using that stupid Integrated Management System business model? They adopted it some years ago along with Millikin and P&G. Back when I was with P&G, I saw it as a headlong rush to mediocrity - axing (high paid)experienced employees in favor of team/group think management dujour checklists and pseudo empowerment BS. I know it has killed innovation and quality at my old company. GE used to be the dream engineering job when I graduated engineering school. Now, they just seem to tinker with innovation and offshore all their manufacturing. This all happened after Neutron Jack left. I sure thought he was good...tough but very, very good.


11 posted on 04/19/2012 1:46:13 PM PDT by bossmechanic (If all else fails, hit it with a hammer)
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