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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: Larry S. who wrote (102)9/20/2002 11:54:53 AM
From: Braincramp  Read Replies (2) of 3358
 
There are going to be a lot of old power plants shutting down at these prices. Like RRI's CEO said yesterday if you think we will keep things running at a lose it's not going to happen. He predicts that there will be a hard landing if prices stay at these levels for to long. I have to agree.

I believe this is an opportunity of a life time in this sector. I have seen this time and time again in the oil and gas sector.
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