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 23.83+1.8%Jan 2 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Oeconomicus who wrote (227)2/21/2002 11:01:06 PM
From: Softechie   of 903
 
Take a look at the earnings and cash flow statements and calculate the margin. Without additional capital financing, it's going to be tough. Fricking AES threw a bomb when this sector was about to recover. Now you have AES selling assets for $1B-$1.5B to raise liquidity. I hope it's the last bomb in this sector. After Enron fiasco, we had Calpine, Reliant Resources, and now AES. Valuation may have to come down on the assets sale though.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext