Golden H2O

24 November 2004 By Rob Cox

Even though Ionics is growing, at a price of 54 times earnings GE would need to double the company s profits to wash its face. This underscores the distance GE is willing to go to capture growth, which could become a risk for shareholders over time.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)