IPPs and Merchant Energy Co.s Message Board

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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: Braincramp who wrote (105)	9/20/2002 2:43:00 PM
From: KyrosL	Read Replies (2) of 3358

Not quite. You are assuming no BK. If there is a BK, it will happen in 2004. After that, Mirant is home free. Right now the market is assuming BK. If there is no BK, you are better off buying and holding the stock. The upside is at least a four bagger from 2.40. Kyros

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