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 : Surfin' the trend -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (2)	9/20/2002 11:59:31 AM
From: waverider	Respond to of 37

SRE rationale: The utility company is one of the few who stayed out of the nightmare tactics used by other energy suppliers this last year. Of the three major California utes, this one is the healthiest from my perspective, stayed out of the deals that sunk Edison and PG&E, and pays a hefty dividend, currently 4.97%. Proable downside around 17.80. Bought a 1/3rd position today. Bought with an eye on proable support at 19.72. Exit strategy: will re-eval if it breaks 17.80. Intention is a long term investment/dividend play.