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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (54610)	9/6/2001 4:40:56 PM
From: Skeet Shipman	Read Replies (1) \| Respond to of 94695

July 27th After the market closed Friday, Energy East (EAS: news, chart, profile) posted net income of $26.6 million, or 23 cents a share, missing the consensus estimate by 3 cents a share and the year-ago pro forma per share total of 43 cents. Including a one-time gain for the sale of an asset, the company posted net income of $56 million, or 50 cents a share, in the second quarter of fiscal 2000. The company said the year-over-year drop was the result lower electric transmission revenue and the "seasonal nature of earnings" from the merged companies. Revenue totaled $849 million, up from the year-ago total of $571.9 million. Shares closed up 10 cents to $21.35 ahead of the news. It is getting cheaper. Is this one of those you buy low and then buy more lower?