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Gold/Mining/Energy : transcanada pipelines (TRP)
TRP 55.80-0.1%Dec 24 4:00 PM EST
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To: HubTech who wrote (222)12/7/1999 10:10:00 AM
From: Vitalsigns  Read Replies (1) of 292
 
"Analysts say they expect TCPL is waiting to roll the sale into asset writedowns in the fourth quarter. They also expect TCPL to make provisions for further staff cuts and a restructuring of its U.S. debt."

This was part of the last news release and is not helping the cause. I would expect until this issue is resolved there will be a lot of uncertainty which may mean that the stock languishes until the restructuring. Definitely a candidate for tax loss selling by fund managers IMO.

Vitalsigns
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