Rumor about GE

It wouldn't be surprising would it?!

Just as they ran ITI into a brick wall also. We'll be lucky they spin it off- tales of the "Borg" killing the golden goose.

Just Looking wrote

How do you figure that?

Could very well be. Jack Welch, the former head of GE, believed that every GE business unit needed to be first or second in its market, or else face being spun off or closed. Welch is gone, but that attitude may persist.

I heard a rumor that GE is planning to keep the security division going. According to my unnamed source they're developing a dealer-direct program which will eliminate sales to all other dealers. There is buzz that they plan to start selling online to DIYers as well. Then again, maybe it's just a rumor. Maybe that's two rumors started in the same thread (not exactly an ASA first).

The genesis of this information was from a source that has been in the industry for some time. The person was offering the information "as is". It wasn't a slam, or an effort to promote something else at GE's expense. It seems the information came from feelers GE put out there looking for buyers. Perhaps all that was misunderstood by someone or is overblown a bit by this source. If GE did bail it would make a difference to the industry.

Well they would certainly be at least 2nd behind Honeywell

I meet with GE people all the time, they've never said anything about this

Which niece told you this?

The only employees at GE likely to know about this would be the ones in charge of selling off whole divisions. That would be an elite rare few I suspect. Of course there is the chance that there is the odd employee that can purchase whole divisions. That would be an even rarer bird I suspect.

Of course those are the only ones you deal with, which is how you heard about it.

Not likely. I d>

"Just Looking" a écrit dans le message de news:

you are all wrong...

its bAss, he decided that he wont promote there stuff in his next PR: post ,so there sales will go so low that it will affect there bottom line in such a way that they will have to sell the security devision..

Umm yea okay