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

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To: Joe Stocks who wrote (252)9/27/2002 12:25:02 PM
From: Brian   of 3358
 
Buy low, sell high. Since everyone “knows” that RRI will drop as those shares from REI will become available for sale October 1, we have had very few buyers in September. Why buy when the perception is that the stock will drop in price. But in October those waiting will have nothing further to wait for, and that should be the bottom for the RRI share price.
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