In five years, he predicts profits of $5 million.
Both analysts predicted higher profits for G.E., which earned $5.46 a share last year.
Describing its 1995 performance as satisfactory, the Swiss-based multinational predicted higher sales and profits for 1996.
The company had previously told investors to expect sales of no more than $7 billion, and analysts were predicting profits of 14 cents a share.
It would not predict the size of the charge or its overall sales or profits for the quarter.
Analysts have predicted lower profits for the parent company, which is expected to report Thursday.
Analysts surveyed by First Call had predicted profits of 25 cents a share.
Analysts predict £5.8m taxable profits for the year, with the second half traditionally stronger.
Wall Street cheered, with analysts predicting greater efficiency and higher profits.
Nobody is predicting profits for the next several years.