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.

Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Robert O who wrote (2167)	9/22/2002 7:01:00 PM
From: Return to Sender	Respond to of 13403

OT: I think there may be some additional downside for DUK Robert but I would ask myself why there is not a higher number of shares sold short before holding a short position too long. I do think the utility stocks are going down further, hence my target of 225 for the UTY, but most of these companies are a lot cleaner than Enron ever was. Be careful. The bounce on Friday suggests that DUK has got lots of support despite some very legitimate concerns. RtS

To: Robert O who wrote (2167)	9/22/2002 7:22:18 PM
From: BWAC	Read Replies (1) \| Respond to of 13403

Robert, Please do some more research. Energy trading itself represents a very small portion of Duke. Earnings in excess still of $2. Dividend is only $1.10, a 50% payout ratio. Often utilities have payout ratios above 70 and 80%. Duke produces its on power, resells its excess, owns interest in countless acres of lakefront property. Valuation is $17 Billion currently. For one of the leading and most widely respected utilities. You are reaching for something that is not there.