NRGG NRG GENERATING BB 2b NMS Message Board

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Non-Tech : NRGG NRG GENERATING BB 2b NMS

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To: Craig Gantner who wrote (9)	12/13/1996 12:38:00 PM
From: Eric Hovdesven	of 27

The other market makers in this stock appear to be Pennsylvania Merchant Group (PENN) in Radnor PA, Paragon Capital Corp (PGON) and Allen & Co... PENN has been one of the underwriters for GKN Holding, Information Resource Engineering, Home Centers and Ariel Corp. PGON has been an underwriter for Interaction Media Corp and Shells seafood. These deals do not look the greatest to me, and the price movement in many of these deals has been problematic. Thus as a group, I cannot say that the market makers are a big selling point for this stock. Also, I have not been able to get my hands on quarterly results for NRGG's other quarters, Since the September 1995 Quarter was profitable yet the year was unprofitable I am concerned that I may have my revenue opinions backwards, ie. they make more money in the hot summer months selling cogenerated electricity for airconditioning demand. Since the stock has settled back from its high, I am going to jump out of my position which I recently added, take a profit and watch it a little more. This may be a reason to keep the stock because usually a stocks price goes up after I sell. I will still be following and posting here. Thanks Eric

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