General Electric stock in the toilet

[bgadow]

GE phones used to be pretty decent-I had a couple at the office that were very nice, loaded with features. Then, about a year ago, the workhorse Panasonic I had at work finally croaked. (that was an AMAZING phone-tough as could be) I found a sale on a GE model and figured by now any cordless should be decent. Wrong-that GE was pure junk. Came with 2 handsets, which doubled its life. Good thing because it was totally shot in less than a year. Now replaced with a new Panasonic.

[goraman]

The last good thing they made was the GE mini .30
mabey they just spent to much money trying to back engeneer alien space crafts or mabey not.

[waltchan]

Originally Posted by bgadow

GE phones used to be pretty decent-I had a couple at the office that were very nice, loaded with features. Then, about a year ago, the workhorse Panasonic I had at work finally croaked. (that was an AMAZING phone-tough as could be) I found a sale on a GE model and figured by now any cordless should be decent. Wrong-that GE was pure junk.

If you are a technician, what is the most common problem found in cordless phones? My goal is to allow my GE's last cordless phone to work for 15 years. But would it be repairable if it breaks? The DECT 6.0 technology won't be obsolete for the next 15 years.

[bgadow]

Someone experienced will hopefully chime in...the last GE I had suffered from batteries that wouldn't hold a charge-not a big deal, just replace them, but I decided it wasn't worth the cost. The range on that phone (2.4ghz as I recall) was pitiful compared to the old Panasonic. I could barely get out of the shop, versus the other phone which would work 1/4 mile away. The other issue is abuse. The Panasonic died after about the 100th drop on a concrete floor. In between I had to go in a couple times to repair connections which failed from the hard use I gave it. The GE didn't fare so well with those hard drops. So, use it carefully and maybe upgrade the batteries when the OEM's die.

(reminds me of my vain attempt to find a good Motorola cordless phone in the 90s. These were made in the USA and had lots of features, but were only 49mhz. I must have bought 4 or 5 over the years and not a single one of them lasted a week. Yep, I was dedicated! Most of the ones I picked up were factory reconditioned as they had long since been discontinued. The first one I bought was a gift for my sister, when they were still in production. It died within weeks so I called Moto and they shipped a new one no questions asked, I didn't even need to send the old one first)

[andy]

000

[Dave1384]

Originally Posted by kx250rider

Only time will tell......... and most of our investments are now tied to the cost of living (agriculture, commodities, and certain real estate), and not to the value of the dollar nor to corporate America's success or failure. the deep nights' sleep and the paid-off mortgage is great!


Charles

In October of 2007, a friend and I were discussing this. The Dow was at 14,200 and I remarked it had no where to go but down, with all the layoffs then. He was a trader and agreed, but he did alot of research and rarely made a bad bet. Until now...My wife's IRA is at 1997 levels . She has lost huge amounts. Aim, American, AIG-Valic (not the stock) Save for the long term? I am not so sure anymore. She put the max in , has worked 35 years in hospitals, teaching med-surgery, running whole units, and now in administration. We followed the rules. I know AIG lost their shirts insuring bad mortgages- butthis has been a collective disaster affecting everyone, though. (myself included).The problem now is, that we HAVE to wait for corporate America improvement, yet I don't see it. I remember sitting in my living room in December of 2007, thinking we were headed for a disaster in the markets. I was that sure. Well, hell, I didn't take my own advice. But at least my house is paid for...No one is really looking out for us. Wall Street is not to be trusted anymore and our elected officials know even less in how to police it. I know who to blame here, but I will get the thread closed.

[wa2ise]

Originally Posted by Dave1384

In October of 2007, a friend and I were discussing this. The Dow was at 14,200 and I remarked it had no where to go but down, with all the layoffs then.

I haven't played the stock market much at all. Just stuck with boring stuff like bank CDs and IRAs and such. I don't have the where-with-all to ride herd on stocks and bonds and such. Had some Tektronix stock, dating back to 1994 when I worked there for a year, and sat on it untill they got taken over a year or so ago. The broker said that it did well for me, took the money from the sale of it and put it into something dull like another CD. I'm just not the gambling type...

A few years ago, someone suggested that New York City allow casinos. Someone else said "They already have a casino in New York City, it's on Wall Street".

[eberts]

Originally Posted by Dave1384

In October of 2007, a friend and I were discussing this. The Dow was at 14,200 and I remarked it had no where to go but down, with all the layoffs then. He was a trader and agreed, but he did alot of research and rarely made a bad bet. Until now...My wife's IRA is at 1997 levels . She has lost huge amounts. Aim, American, AIG-Valic (not the stock) Save for the long term? I am not so sure anymore. She put the max in , has worked 35 years in hospitals, teaching med-surgery, running whole units, and now in administration. We followed the rules. I know AIG lost their shirts insuring bad mortgages- butthis has been a collective disaster affecting everyone, though. (myself included).The problem now is, that we HAVE to wait for corporate America improvement, yet I don't see it. I remember sitting in my living room in December of 2007, thinking we were headed for a disaster in the markets. I was that sure. Well, hell, I didn't take my own advice. But at least my house is paid for...No one is really looking out for us. Wall Street is not to be trusted anymore and our elected officials know even less in how to police it. I know who to blame here, but I will get the thread closed.

The stock market has no guarantee. You can be assured that your investments will return to their high values, probably after you and your wife pass away, that's called "normal."
The corporations are more sophisticated than you think. When a large group of retirees are getting ready to sell their stocks, some how the stock will plummet, retirees get scared or need the money now, they sell cheap, afterwards, somehow the stock will climb back up pretty quick, after the corporation has made major buy backs of their stock that was cheap.
An example, this tactic used by Corning Glass Works a few years ago.

[NowhereMan 1966]

Originally Posted by bgadow

Someone experienced will hopefully chime in...the last GE I had suffered from batteries that wouldn't hold a charge-not a big deal, just replace them, but I decided it wasn't worth the cost. The range on that phone (2.4ghz as I recall) was pitiful compared to the old Panasonic. I could barely get out of the shop, versus the other phone which would work 1/4 mile away. The other issue is abuse. The Panasonic died after about the 100th drop on a concrete floor. In between I had to go in a couple times to repair connections which failed from the hard use I gave it. The GE didn't fare so well with those hard drops. So, use it carefully and maybe upgrade the batteries when the OEM's die.

(reminds me of my vain attempt to find a good Motorola cordless phone in the 90s. These were made in the USA and had lots of features, but were only 49mhz. I must have bought 4 or 5 over the years and not a single one of them lasted a week. Yep, I was dedicated! Most of the ones I picked up were factory reconditioned as they had long since been discontinued. The first one I bought was a gift for my sister, when they were still in production. It died within weeks so I called Moto and they shipped a new one no questions asked, I didn't even need to send the old one first)

I still have an old Radio Shack cordless phone from 1983 that still works, it uses the 49 Mc band from the phone to the handset and 1700 kc (just above the AM band) from the base to the phone. Those were the days.

[qerra22]

Originally Posted by classictv80s

Wrong, inflation is when you have too many dollars chasing after too few assets and goods. Since most of America's money supply is debt, the debt is largely being defaulted on, which explains why the vast majority of Americans have very little or no money. What we are seeing now, as a result, is too few dollars chasing after too many assets and goods, and that means deflation - not inflation.

You mention Germany post-World War I and their hyper-inflation, but that was caused primarily by Germany having to pay huge reparations as a result of the Versailles Treaty, this made them completely insolvent, in addition to their economic base and infrastructure largely being devastated as a result of the war. The Weimar Republic was in even worse shape than the United States is today. The best comparison you could make with America's economic situation currently is Japan in the 1990s, though the two situations are not entirely similar.

Getting back to the original topic, the current economic situation will eventually, years from now, cause most of the major electronics companies worldwide to go under, including of course General Electric. And it doesn't help the situation any that the quality of consumer electronics products today is absolute junk.

Many people, largely on the Internet conspiracy theory web sites and forums, like to claim that the US government will simply print even more money, and that will guarantee us a future of hyper-inflation. Not true, first of all if they tried that, there would be a massive US bond market sell-off worldwide because the treasuries would be basically worthless, due to the dollar totally collapsing. Of course, the US bond market has already been in a huge bubble for many years now, and it's only a matter of time before the foreign investors, as well as many Americans, quit financing the massive debt of the United States government. The bubbles in real estate and commodities such as oil will continue to burst, and eventually return to reasonable, sustainable, and affordable price levels. The future is deflation, and despite all of their panicked efforts, there is nothing that the United States government, the politicians, or anyone else will be able to do about it. The future is deflation and a 30-to-40-year economic depression, as a result of decades of too much spending, too much borrowing, and too much debt, in both the public and private sector.

Alternative energy sources are, I think,
and there is that direction which will deduce the world from crisis.
The epoch of oil and gas monopolies will end.

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