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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: Sergio H who wrote (211)	5/9/1999 9:12:00 PM
From: j g cordes	Read Replies (1) of 1316

I covered Three Mile Island for Fortune magazine and got a close look at the electrical industry's we know best attitude. That said, one can perhaps understand their attitude given no reason to perform in the normal sense of term, as most publicly traded companies must, to realize a high stock price. With deregulation you'll see a new paradigm sweep the utilities, where the new credo in upper management will be to make all assets perform or realize their cash value. Those that don't will be attacked by their stockholders or be takeover targets.. like Milken went after fat companies. Is that good? I don't think so, if they did it with the highway system there'd be tolls on every street.

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