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Strategies & Market Trends : Groundhog Day
QQQ 625.46+0.4%Jan 26 4:00 PM EST
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To: Jorj X Mckie who wrote (3999)5/10/2002 1:13:55 AM
From: John Pitera  Read Replies (1) of 6346
 
Tim, How deeply does this creative revenue and cash flow generation permeate American companies balance sheets?

Message 17449686

On Wednesday, Dynegy said the SEC also plans to seek a formal investigation into a previously reported natural-gas deal known internally as "Project Alpha," which lowered Dynegy's tax bill last year and sharply increased its reported cash flow from operations. That upgraded SEC move gives the agency power to issue subpoenas and gather testimony. Dynegy said it "intends to continue to cooperate fully with the SEC in resolving this issue."
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