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 : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (12)	5/31/2001 2:20:46 AM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Peabody Energy fires up IPO market Smith & Wollensky IPO on tap for Wednesday By Steve Gelsi, CBS.MarketWatch.com Last Update: 4:12 PM ET May 22, 2001 cbs.marketwatch.com NEW YORK (CBS.MW) -- Peabody Energy steamed up the market for initial public offerings with a 31 percent gain in its debut on the New York Stock Exchange on Tuesday. Peabody Energy CEO Irl Engelhardt said the company has been eyeing an IPO for years, but its debut just as the nation's energy needs are in the spotlight was a "combination of good planning and good luck." Watch a video of the interview with Engelhardt. Engelhardt said new coal-burning electric plants are being planned throughout the country and existing facilities hope to boost their output to an average of 85 percent of capacity from 70 percent now. Signs of a strong open came late Monday as Peabody priced a big $4 above its already boosted price range. The St. Louis-based firm is the largest privately held coal company in the world.