Should you exchange your General Electric (GE) stocks to Synchrony Financial(SYF)?

GE received approval  to spin-off its consumer financial operations by exiting from its store credit card business, Synchrony Financial.

What it means is that you can exchange (General Electric) GE stocks to (Synchrony Financial) SYF stocks. As it stands presently you can buy with $100 worth of GE stocks something like $107.53 worth of SYF.

The offer is set to expire on November 16.

Details of this exchange can be viewed here on a daily basis till the conclusion.

I have a small number of GE stocks and probably it does not make much difference one way or the other.

However,

• GE is a much larger company with a long history.
• GE also pays dividends while Synchrony Financial presently does not. Of course dividend is only one part of the equation.
• After the conclusion of Exchange GE may soar.

Presently I am thinking of keeping my GE stocks, but it may change before November 16. What do you think?

Electric imp and the Internet of Things

Internet of Things is the next big tsunami to hit the world. The numbers quoted are staggering. There are lots of players, big and small building up their stuff.

The Electric Imp is a platform which has all the necessary features:

• Hardware
• Software
• OS
• APIs
• Cloud Service

With these you get all the well known capabilities (Cloud Mantra 1:01):

• Intelligence
• Flexibility
• Scalability

Electric Imp has several models, this model (imp001) has 6 I/O and works with Wi-Fi(802.11 b/g/n) with a 32-bit ARM Cortex M3 Processor. Programmability is via Squirrel language, a light weight, object oriented language. The physical size is small, 24mm x 32mm x 2.1 mm.

You can make API calls to the device. Here is what API's can do for you:

"The Electric Imp API provides a set of classes and global objects with which imp code may access local hardware and remote cloud functionality. This API augments the Squirrel Standard Library which provides non-imp-specific functionality. For more general information about the Squirrel language, see Learning Squirrel."

Read more about Squirrel language here:
http://squirrel-lang.org/

The company is young with seasoned warriors who have left the likes of Apple and Google. Hey! that's a plus+.

Read some background information on this one year old company here:
http://www.eetimes.com/document.asp?doc_id=1261758

More on Electric imp here:
http://electricimp.com/product/

Here is stuff from a gallery of products using Electric Imp:

Well, these may make you think, do we really want to light up a lamp from the cloud or a lock that can be activated via Wi-Fi? But what is important is if it can do this, it can do lot more.
Imagination is the limit.

Most of the images are from Electric Imp site.

Disclosure: This is an independent post from Hodentek and not supported by any organization