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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (13671)1/11/2002 6:39:25 PM
From: Softechie  Respond to of 78530
 
Yes I do like and own a piece of the pie. Recently they sold 60M shares at $13.70 to strengthen the balance sheet for trading operation and satisfy debts rating agencies. I like this better than Calpine's credit line because the lenders are common shareholders like I am so they're taking a risk here like me. This company has hard assets unlike Enron. This sector has gotten bad rap from Enron fiasco and investors are on the edge making them to jump quick on little things. Soon enough this sector will come back like always and restoring their reputation once again.



To: Paul Senior who wrote (13671)1/11/2002 6:51:22 PM
From: Dale Baker  Read Replies (1) | Respond to of 78530
 
Hi Paul - I kept the portfolio of value plays you posted here a while back; SAFM is looking very good right now, any current thoughts on them?

I like ROAD too but the best entry there was 10 points lower. ROAD popped while I was still watching.

;<(



To: Paul Senior who wrote (13671)1/16/2002 1:16:43 AM
From: Spekulatius  Read Replies (2) | Respond to of 78530
 
I bought my last third in MIR today. I don't know any reason for MIR weakness, other than that shares from the recent secondary are getting sold now. After the sale of Bewag and with the money from the secondary, MIR should have one of the best balance sheets of all unregulated power producers.