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Today's Outrage: GE Outplayed By Siemens

Stock quotes in this article: GE , SI , CAT , TYC  

General Electric(GE Quote) used to be a role model for other companies with its sharp management and great public relations.

German rival Siemens,(SI Quote) however, learned from the master and is now outplaying GE.

Today's announcement by Siemens that it expects $21 billion in orders over the next three years thanks to global government stimulus programs is three kinds of smart.

First, Siemens is making it clear that it wants to be the go-to company for governments, including the U.S., where it expects to receive as much as $8 billion in orders related to stimulus spending. ...

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