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To: wlheatmoon who wrote (2139)1/25/2001 12:31:21 PM
From: John Pitera  Respond to of 2850
 
So NRG was spun off from XEL, I'll add NRG to my energy watch list.

------the company, which was partly spun off last year from Xcel Energy Inc.,
plans to add about 35,000 megawatts of generating capacity to its
current 15,000 megawatts in the next five years, mostly in the United
States. But in contrast to competitors, about one-third of the N.R.G.
plants will be coal fired, with the others able to switch between natural
gas and oil
, Mr. Mataczynski said.

While the California crisis has created a reaction of sorts against the
generators — companies like Dynegy and Reliant Energy, both of
Houston,
and Duke Energy of Charlotte, N.C. — it is unlikely to
greatly curtail their expansion. President Bush, whose Texas financial
backers include companies profiting from the situation in California, has
made it plain he is unlikely to impose caps on the price of wholesale
power or other restraints that generators oppose. Yesterday, Mr. Bush's
top economic advisers said that the federal government should let
California solve its own power problem.

Instead, Mr. Bush has proposed several initiatives to spur the electric
power industry: opening protected land in the West to drilling for natural
gas, investing in cleaner- burning coal-fired plants, and easing regulatory
burdens on pipeline and power plant operators.

At the state level, there are signs of retreat from deregulation. Of the two
dozen states that still work on the old model of monopoly utilities with
regulated rates and guaranteed profits, at least four have indicated they
may rethink any moves toward open energy markets...-----



To: wlheatmoon who wrote (2139)1/25/2001 12:40:50 PM
From: John Pitera  Respond to of 2850
 
I've got a value name for you PERY. Perry Ellis. a trailing PE of 4.7 a forward PE of 3 (according to WStreetCity)
price to sales of .1

lots of insider buying

biz.yahoo.com

and some of it from higher levels.

some of the other stocks in the area have really moved up the past year, such as RL, MSO, TOM. etc.

RL and MSO have some really high PE's ... it just shows how investors move like sheep, from one extreme to
another.

here is a bit more on PERY:

------Perry Ellis International, Inc. (until 1999 Supreme International Corporation) designs and sells a line of men's sportswear, including sport and dress shirts, golf sportswear, sweaters, urban wear, casual and dress pants, and shorts. The company distributes its products under brand names such as Perry Ellis, Manhattan, Crossings, Natural Issue, John Henry, Andrew Fezza, PING, Munsingwear, Perry Ellis America, and PNB Nation to regional, national, and international department stores, chain stores, mass merchandisers, and specialty stores throughout the US, Puerto Rico, and Canada. Major customers include Target Corp.; Federated Department Stores, Inc.; Sears Roebuck & Co.; Kohl's Corporation; Wal-Mart Stores, Inc.; and J.C. Penney Company, Inc. ------



To: wlheatmoon who wrote (2139)1/26/2001 10:22:01 AM
From: John Pitera  Read Replies (1) | Respond to of 2850
 
Check out this negative missive from the PMCS cc: Message 15250922