SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 25.20+2.2%Jan 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Braincramp who wrote (247)2/23/2002 12:38:55 AM
From: Softechie   of 903
 
My next question is how Mirant to have 10%-15% growth when they're selling assets and slim 1.5% profit margin. With it we won't be able to pay the debts. I see the Calpine news about closing $1B credit line "very soon". It's showing that they're still having a hard time closing the deal. Now congressional is focusing on financial houses that dealt with Enron. More hearings coming up with da big boys. JP Morgan in troubles with Enron and Global Crossing? I think so. Micro condition is good but macro condition is getting worse. Mirant has vowed not to go back to capital market for next 5 years and just live within its means which is tight. Then what P/E should it have for this? 10 is too much and 1 is too little. 3-4?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext