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To: rohry
don't be absurd. GE is not failing and GE Capital has plenty of available liquidity. There is an overdue correction at hand, during which these kinds of comments are always reacted upon. it would seem the problem for Prudent Bear fund is the tremendous potential losses they've reaped over the past month as the market has skyrocketed without necessary corrections along the way and left them in a classic short squeeze position.
4 posted on 11/11/2002 5:04:11 PM PST by Steven W.
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To: Steven W.
"don't be absurd. GE is not failing and GE Capital has plenty of available liquidity. There is an overdue correction at hand, during which these kinds of comments are always reacted upon."

I see...

You must be right since you have so many facts to back up your claim...
5 posted on 11/11/2002 5:25:47 PM PST by rohry
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To: Steven W.
rumor out this AM that W Buffet wants to buy a piece of GE Capital. Dunno more than that. If WB thinks part of GECap is worth buying, liquidity is assured...
6 posted on 11/11/2002 5:30:17 PM PST by ninenot
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To: Steven W.
"it would seem the problem for Prudent Bear fund is the tremendous potential losses they've reaped over the past month as the market has skyrocketed without necessary corrections along the way and left them in a classic short squeeze position." Looks pretty good to me...

Historic performance: Total return history for period ending 9/30/02:

 

Average Annual Returns

 

1 Year

3 Years

5 Years

Since Inception
(12/28/95)

Prudent Bear Fund (no-load)

35.47%

27.41%

6.48%

0.23


8 posted on 11/11/2002 5:57:48 PM PST by rohry
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