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


To: Softechie who wrote (13805)1/29/2002 9:07:52 PM
From: Spekulatius  Read Replies (2) | Respond to of 78576
 
Mir now at 10$, after a ride in the single digits.
750M$ in cash and credit lines left. Sure the 770M$ from the sale of 60M shares come in handy now. If indeed the sale of Bewag closes in the mid February, the concerns about MIR liquidity should cease to exit, IMO.
The days of fat marketing profits for the energy conglomerates MIR, EP, WMB, DYN etc. may be over, due bearish energy prices and increasing cost of capital. However, MIR 20,000 MW of power generation capacity should be worth something.