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Non-Tech : Williams Companies, Inc. (WMB)
WMB 59.03+2.0%9:30 AM EST

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To: Raymond Clutts who wrote (158)12/16/1999 3:01:00 PM
From: Sam Citron  Read Replies (1) of 271
 
WMB not faring well recently. I had attributed this to the slide in natural gas prices, but the stock is not responding even to today's cold weather related price strength in the futures. GBLX and other telecoms outperforming WMB recently. Nor is the "braised duck" getting any traction on the Street in spite of interesting contract awards.

I had thought that the spin out would at least be the start of the accretion of shareholder value to these innovative companies. Perhaps the shortage of analytical talent on Wall Street is worse than I had thought, now that every decent analyst is being offered numerous dot com CFO positions.

Noticed article in Barrons recently about a money manager who is playing WMB/WCG arbitrage game based on relative WMB undervaluation. Sounds reasonable to me.

I notice that you are a plaintiff class action attorney. Do you mainly handle securities, or other types of suits?
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