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

To: jim_p who wrote (11094)12/14/2001 10:56:42 AM
From: Wowzer  Read Replies (1) | Respond to of 23153
 
Thanks Jim,

But don't you think this is the time to buy the strongest in the sector while everyone hates them? WMB seems pretty secure as far as I can tell, plus it doesn't seemed to want to go down like the others. Dividend doesn't hurt either. Unless I get a really good reason not to, plan on continuing adding on weakness for the remainder of the year.



To: jim_p who wrote (11094)12/14/2001 10:56:27 PM
From: kollmhn  Read Replies (1) | Respond to of 23153
 
Well, I do know something BAD about WMB.
They guaranteed some of WCG's debt in the form of issuing WMB stock, if needed.
Now, if WCG bites the dust, WMB shares will be on sale. Kinda like CPN, having to issue as much stock as is needed to satisfy the mandatory redemption of their converts.

I'd leave this (WMB) one behind with the rest of them.


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