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: LauA who wrote (14569)	6/6/2002 1:14:40 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78714

LauA, since you investigated EP, I am guessing you looked also at EPN. Do you have an opinion on EPN? If EP recovers, would not EPN also? Maybe not as much, but then there's the higher dividend with the partners lp structure. There are some EP asset sales to EPN. With all the convoluted deals that have come out about energy companies, would such sales be a concern to investors of either company? About two months ago, EP made a "private purchase" of over 1.2M sh @$37+. Given that EPN's stock is about $33+ now, maybe EPN is undervalued - if EP is a knowledgeable, insider buyer making a pure investing decision (i.e. not providing a perk to some company insider by relieving him/her of a large unwanted EPN position). finance.yahoo.com Any opinions on EPN welcome. Paul Senior

To: LauA who wrote (14569)	6/6/2002 11:10:27 AM
From: geoffrey Wren	Read Replies (1) \| Respond to of 78714

Re: California suing EP Technically it is the subsidiaries who are being sued. Also, there is a large $8B claim in under the FERC, while which is not technically a lawsuit, is certainly a significant legal proceeding. Don't know how much of that $8B claim is against EP. "California has launched lawsuits against several of the state's biggest power generators, including subsidiaries of El Paso Corp (NYSE:EP - News) and Williams Cos Inc (NYSE:WMB - News)." biz.yahoo.com "At the same time, however, the commission backed California's claim that El Paso Corp (NYSE:EP - News) had engaged in "unjust and unreasonable" shipping practices by blocking competing energy providers from the pipeline that delivers up to 45 percent of Southern California's natural gas." biz.yahoo.com