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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (3232)4/12/2001 9:40:20 AM
From: Think4Yourself  Respond to of 23153
 
FWIW I have been consistently seeing numbers very close to those you stated.



To: jim_p who wrote (3232)4/12/2001 9:43:59 AM
From: Tommaso  Read Replies (2) | Respond to of 23153
 
Thanks, Jim. To me, that can only mean a squeeze next fall that will be worse than last year. Makes me glad to be very heavily into natural gas and moderately optimistic that I can just sit on my positions for a year or two.

BTW, I still don't understand the failure of SMOP to climb further--and especially for anyone who wanted to take the trouble to buy, exercise the options, and exchange the stock for PEX stock, it looks like a probable way to double one's money in a matter of weeks. I just can't take time to liquidate other holdings and get all the paperwork done fast enough to take advantage of this--but I am astonished that no one else seems to be interested either. It looks like an arb's dream to me. But maybe buried in the documentation about this merger there's something I don't understand.



To: jim_p who wrote (3232)4/12/2001 11:35:44 AM
From: Think4Yourself  Respond to of 23153
 
Another NG fired plant comes online...

360-megawatt Millennium Power Plant Achieves Commercial Operation Status

biz.yahoo.com

BETHESDA, Md.--(BUSINESS WIRE)--April 12, 2001--PG&E National Energy Group, an affiliate of PG&E Corporation (NYSE:PCG - news) today announced that its 360-megawatt Millennium Power plant in Charlton, Massachusetts achieved commercial operation.
...

And 4 more starting construction...

Duke/Fluor Daniel to Build Four Power Plants for DENA

biz.yahoo.com

CHARLOTTE, N.C., April 12 /PRNewswire/ -- Duke/Fluor Daniel (D/FD) has been awarded contracts by Duke Energy North America (DENA) to perform engineering, procurement and construction (EPC) services for four natural gas- fueled, combined-cycle power generation facilities with a combined capacity of 3,050 megawatts. A total of 10 GE-7FA combustion turbines will be used in the four projects, which are targeted for commercial operation in summer 2002.
...