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

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To: aniela who wrote (1662)3/25/2003 8:36:17 PM
From: Jerome  Read Replies (1) of 3358
 
>>>Any idea how this may impact the IPP's involved.<<<

It removes a big black cloud on the horizon. Finance and refinancing will become easier. Many are expecting a big run up in share prices after this is settled. But when everyone expects something, its not likely to show up.

MIR is in a class by itself because of the poor communications between the company and investors. Their cash position (about $5.00 per share) is their strong point.

JMO...Jerome
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