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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (13443)	12/15/2001 7:33:11 AM
From: blankmind	Read Replies (2) \| Respond to of 78595

- Util companies are dirt cheap at the moment - & I don't mean Enron-types - instead, I mean regular utility companies that own plants & have a semi-protected turf - although they do buy & sell wattage so they do have ancillary overlap - but really they're like beaten down REITS of 3 or 4 yrs ago - Here's 3 utility companies trading w/ p/e's of under 10; & high book value - & btw - all have projected even higher earnings in 2002: - PPL CORP (NYSE:PPL) - $33 - RELIANT ENER (NYSE:REI) - $25 - WISCONSIN ENER (NYSE:WEC) - $22

To: Paul Senior who wrote (13443)	12/22/2001 5:19:45 PM
From: Grommit	Read Replies (3) \| Respond to of 78595

DLM - Paul, what do you see here? They look like a no growth, highly leverged, no book value, high inventory company. And on the inventory -- I am shooting from the hip, but I do not quite understand $440 million of inventory on Annual Cost of Sales of $1 billion. All the assets are in inventory. Inventory turns of 2x with fruits and vegetables? And I detest executives of marginal companies who give themselves $1 million bonuses? Both the CEO and COO for this company.