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To: Ron McKinnon who wrote (43088)	8/19/2002 11:14:02 AM
From: DanZ	Respond to of 53068

No wonder the stock is up despite the pimp's remarks. Do you think anyone would believe a $2 target on a stock when the pimp estimates that earnings per share will be $1.55 to $1.60 in the same sentence? The only risk that I see in RRI is that they won't be able to refinance their debt, which would force them into bankruptcy. I have stated this before. However, I think that the risk is nil since the company is profitable and presently covers their interest by 10 times, which is more than even that of the S&P 500. Why would a bank force a profitable company into bankruptcy, assuring that they won't recover at least a portion of their principal when the company is making their payments on time and easily covering their interest? A lot of things in this world happen that don't make sense, but I can't see a bank shooting themselves in the foot for no reason. I added to my position this morning. Saloman Smith Barney can kiss my &&&. I flipped GM for a couple points this morning. Didn't call it a Z trade because I couldn't post quick enough and intended to day trade it. Dan