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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 27.37+1.9%Nov 12 3:59 PM EST
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To: Raymond Duray who wrote (600)7/8/2002 1:29:34 AM
From: Spekulatius  Read Replies (2) of 903
 
Roundtrip revenues by their very nature do nothing to the Cash flow or earnings statement nor do they impact the balance sheet. So this revenue restatment does not materially affect the financial viability of the company. It sure does not increase confidence in the management this is by no means similar to Enron or Worldcom.

Disclosure: No position in REI or RRI
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