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Has General Electric Conquered
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the business cycle? According to the companies past three financial statements it appeared as if they have indeed done so. Looking at GE's 1996 Annual Report, Letter To Share Holders, the first phrase of the 14 page document was "In 1996, your Company had its best year ever." Companies such as GE spend millions if not billions of dollars per ye ....
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....e daily stock price and its fluctuations may reflect the amount of risk seen by investors however no matter how poorly a decision may be implemented the Corporation will always stand. A Corporation can never die, it can be merged, bought out or taken in to bankruptcy but it is not human, it cannot be placed in jail and withdrawn from society howev.... |
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