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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (9951)2/12/2000 1:56:00 AM
From: James Clarke  Read Replies (1) of 78676
 
Wonderful. Picture this. USEC has its plant in Paducah, which is reasonably clean, given what they do. The plant is in the middle of a site managed by the US government which has plutonium and random nuclear weapons parts just lying around. This is complete government mismanagement, but then the Energy Department has the nerve to brush off USEC when they ask for a little relief. Be careful who you move in next to. Shouldn't there have been some kind of Megan's Law disclosure here?

I have learned a lot of lessons from this disaster. It would take pages to enumerate them.

The question is do you sell the stock here? I am choosing not to, but I am also not adding. Unless they can get some relief on cost, the company has no future. And they face miles of red tape to do so, and they don't have much clout to get what they want from the Feds.
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