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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (8109)8/31/1999 8:59:00 AM
From: James Clarke  Read Replies (1) | Respond to of 78822
 
USU - The last two quarterly reports must have highlighted the weak pricing for SWU. That is no big secret. The S+P concern about the Russian contract is more interesting to me. This is a fixed price contract which looked like moderately profitable at the time it was negotiated. With the decline in SWU pricing, the contract has become a real albatross for USEC. If it is going to be renegotiated, keep your eyes open in December because that is when it will happen.

JJC



To: Madharry who wrote (8109)8/31/1999 10:04:00 AM
From: Madharry  Respond to of 78822
 
I just sold most of my IDTC. My rationale being as follows: 1. Market looks bad. 2. stock does not look good technically to me. 3. concerns about the company's business model in light of increasing competition.
Too much of a crap shoot for me at this point.