Mirant Corporation (MIR) Message Board

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Gold/Mining/Energy : Mirant Corporation (MIR)

MIR 24.27

-0.6%

3:59 PM EST

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To: Oeconomicus who wrote (730)	9/4/2002 4:09:42 PM
From: RCMac	Read Replies (2) of 903

has anyone actually read the offer or just other message boards? I'm not going to tender anyway, but I'm curious as to whether the offer really is subject to financing and really has no time limit. Fair question. I haven't read the offer, since I rejected it solely on the ground of price -- silly to sell (or whatever) for a mere 25% premium over current market. Roger Conrad, in his newsletter, just received, calls MIR something like: "one of the few investment-grade companies ever to trade at a PE of 2." He recommends purchase up to 10. --RCM

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