General Electric (NYSE:GE) is about to report earnings. Follow this “Bear Case Scenario” as you listen to management spin their story.
Six Sigma and lean manufacturing have caught on in the general market place and no longer provide a competitive advantage. GE foolishly released the recipe to the secret sauce. Also the market places a higher premium on stable cash flow. Lighting and appliances are proportionally decreasing in importance. NBC Universal exit does not help the problem. The new stuff might be clever but does it create stable cash flow.
George Gutowski writes from a Caveat Emptor Perspective.