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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Shtirlitz who wrote (16897)	8/12/2002 11:00:03 AM
From: MAELING	Respond to of 18998

Here's a toast to my dividend at EP. So far on this one Bubba Punk is down 50% and on track to pay 2% out, cash, in September. Forensic accountants work from numbers. I gather that this "call" came from a NYC cocktail party. The thesis was that the merchant energy business was in melt down, and any company with off balance sheet units would be tarred with the Enron brush. I call that Forensic Touting. Which is what Bubba is, a tout. CNC has been considered crooked since the middle 1980's. Not hard to call. Insurance companies implode long after they book their cooked profits. (PS I've talked with the reporters who've written bad stuff on EP recently. They said that they were fed this info by hedgies.) If you can find the debt burden that our Pinkling friend says could be there, please post it. He's light on facts, long on rumor.