A must read article on Minyanville.com puts the smack down on General Electric (NYSE:GE) shares, and another one from Bloomberg.com isn't going to help shareholders come tomorrow or the foreseeable future.  GE shares get ready to battle the media. Let's face it, when fear is driven into the hearts of investors, no matter how it gets there, word of mouth, CNBC, your baby's momma -- it's fear none the less. When that happens, investors bail, and the selling could jump start now that the media is tearing GE a new one. General Electric (NYSE:GE) appears to be a "cheap stock" when you consider traditional investing measures: P/E now under 10, at 7.67. Shares are of GE are now $16 down 58% in the last year. It's a company we have all grown up with, same ...

General Electric (NYSE:GE) gave the markets more bad news to digest this morning. The company lowered its profits forecast and suspended its share buyback program. This sent its stock futures plummeting 4.1% this morning.

GE boss Jeffrey Immelt said, "Given the recent dramatic developments in the financial markets, we have made some tough decisions to further reduce risk and strengthen our balance sheet while maintaining our dividend.''

Andrew Snyder says the news is certainly bad but not devastating. He says GE's strong foundations will see it through this difficult period. And GE's sharp drop could prove to be a good buying opportunity: