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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 23.77+0.1%3:59 PM EST

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To: Asymmetric who wrote (220)2/21/2002 9:03:11 PM
From: Softechie  Read Replies (1) of 903
 
That 1.5% margin is like grocery companies and I wonder with over $10B will they make enough to pay down debts. Fricking Moody's really put them in a bind with the downgrade because it restricted their cash for trading operation and not available to pay debts or implementing projects. Another thing I hope whoever JV is won't ask for too much of the profits. I'm just not sure about that thin margin. Could it be dead money for next 5 years?
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