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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (21574)	7/1/2005 9:09:49 AM
From: MCsweet	Read Replies (1) of 78774

Paul, EGR doesn't look an oil company to me. It looks to me a like retail energy supplier. This is a very very different business from oil. Margins are thin for retail energy, and these companies face a lot of unrewarded risks. Historically it has been really hard to make money in retail energy. I worked for one such company, and it went bankrupt. Note: We had similar problems as mentioned in the June 14th press release --- I'd be very careful ... MC

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