[Claeren]

Originally Posted by Table 5

GE is not a bad play either for the long term...good divident, and it's stock price hasn't been this low in years. If you dont mind it sitting there for a few years, it's about as sure of a bet as you can get. GE might take on more water, but it won't sink.

Do you know the 'fine print' of the Buffett purchase?

The Oracle of Omaha just struck a deal to purchase $3 billion worth of "Perpetually Preferred" stock, paying a 10% dividend. In a shocking coincidence, GE, in turn, used Buffett's Blessing as a marketing kicker for 557.8 shares in a secondary this morning.

For those not fond of reading fine print, the primary difference between the shares Buffett bought and those sold to commoners was that Warren's are guaranteed to kick off $300,000,000 per annum; those buying the secondary have only the perpetual hope that there will be anything left for them.

http://www.minyanville.com/articles/.../index/a/19300




Claeren.