Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (5417)	5/25/2001 1:43:40 PM
From: wgh613	Read Replies (1) \| Respond to of 5732

XYBR, Susie,XYBR was not my call,although I enjoyed helping moving it along. :) Manny T.

To: SusieQ1065 who wrote (5417)	5/25/2001 5:13:20 PM
From: keithcray	Respond to of 5732

LQID sounds interesting. Message 15855170

To: SusieQ1065 who wrote (5417)	5/26/2001 11:42:12 AM
From: keithcray	Respond to of 5732

Energy IPOs Are Hot in Chilly Market May 26 11:00am ET NEW YORK (Reuters) - Scant interest in initial public offerings? That's no problem for power companies and other energy-related concerns. Energized by a national crisis that has caused rolling blackouts in California, power companies are now in favor, much like optical networkers Corvis Corp. and Avanex Corp. were last year. "Energy companies have the magic combination of being in an established sector and they also have growth potential," said Justin Burrows, editor at financial research service Hoover's Online. "With a lot of tech stocks you have the growth potential, but who knows if we're going to be using the type of router they make in the next year? And despite what Ralph Nader might want, we're still going to be using fossil-fueled vehicles in the next five years," he continued. Recent issues include private sector coal company Peabody Energy Corp., up 26 percent since its Tuesday debut and Global Power Equipment Group Inc., a maker of equipment for gas turbine power plants, that's up a blazing 61 percent since its IPO last Friday. Both issues were priced well above their expected price ranges. And Reliant Resources Inc. , a subsidiary of Reliant Energy , is up 13 percent since its debut earlier this month, while Aquila Inc. , a unit of gas and electricity company UtiliCorp United Inc. , has lit up the stock market with a 25 percent rise from the time of its late April offering. It's no surprise that wholesale energy producers like Aquila and Reliant have fared so well. Industry deregulation opened the business of generating electricity to competition and enabled utilities to engage in the profitable business of selling wholesale power across borders. That opened the way for complete or partial spin-offs of these units, allowing shareholders to benefit more fully from the power trading operations. "When Southern Co. was all under one, Mirant Corp. was a big growth engine and that was not being reflected on the street," said James Peters, a spokesman for Mirant, which markets electricity and natural gas and owns power plants worldwide. In April, Southern completed its two-part spin-off of Mirant. MORE TO COME Another reason that energy companies have fared so well as IPOs is that investors have been stirred by the thought of high energy prices, and the money that can be made from them. "The benefits from rising prices have created a market where you can make money in generation," said Ray Moore, an analyst at Weatherly Securities. And with an energy crisis that sees little relief in sight -- and electricity demand that is expected to rise about 10 percent annually over coming years -- companies that trade power are in an advantageous position. "They're in the driver's seat," explained David Burks, an analyst at Louisville-based regional brokerage firm J.J.B. Hillard, W.L. Lyons Inc. "They have the supply and there's great demand. That has enhanced their position." Analysts are enthusiastic about growth prospects for these companies, which also includes Xcel Energy Inc. unit NRG Energy Inc., spun off last year. Other companies -- like Allegheny Energy Inc. , American Electric Power Inc. , Duke Energy , Entergy Corp. and Teco Energy -- may well follow the same path, given the success of these IPOs. But don't expect everyone to jump on the spin-off bandwagon, some warn, since longer-term, the current demand-supply imbalance may right itself. "There will be more supply coming on line in the next four to five years and you would have to assume that business will not grow nearly as fast then," said Burks. In that case, a company like Exelon Corp. that intends to keep itself a single entity may well benefit. "We have a belief in the integrated strategy," said Barry Mitchell, Exelon's corporate treasurer, in an interview. "It thrives and it's better."

To: SusieQ1065 who wrote (5417)	5/29/2001 12:02:26 AM
From: Susan G	Respond to of 5732

Susie, take a look at the PDLI chart it's beautiful. If the nas and the bios holds up, this may be about to break a double top from last week. I know you guys love to short it but the chart sure is looking healthy on the long side... Jeez wasn't this thing just 40???? It looks little overbought on the daily, but on the weekly it broke and held the 50 ema last week. The 20 ema almost crossed the 50ema on Friday too. home.earthlink.net

To: SusieQ1065 who wrote (5417)	5/29/2001 2:06:54 AM
From: Susan G	Respond to of 5732

DTHK another little one to watch. Low float, has always seemed to have high institutional interest and it can move. Looking at the daily it looks like it had quite a move last week, but if you check out the daily it's just put in a double bottom and could go further. It had about 4X the average daily volume on Friday. daily home.earthlink.net weekly home.earthlink.net