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

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To: Larry S. who wrote (159)9/23/2002 11:23:16 PM
From: Tim Davies  Read Replies (2) of 3358
 
hi larry.. if the california lawer mentality kicks in non of them will last. i have traded wmb dyn mir over the past two months and thought that they would make it out ok. The asset sales seem to be helping. This finding that the in the ca court could place untold contingent liabilities with the companies.
This new news is a shock to me , and that may be because i do not understand the implications of it to the average investor.
but the market is killing them
tim
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