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Strategies & Market Trends : IPPs and Merchant Energy Co.s -- Ignore unavailable to you. Want to Upgrade?

To: Joe Stocks who wrote (224)9/26/2002 10:04:58 AM
From: Larry S.  Respond to of 3358
 
DUK sold 54 million shares at 18.35, now trading at 19. too bad they had to price it so low, but they did raise a billion of much needed cash. larry



To: Joe Stocks who wrote (224)9/26/2002 11:31:39 AM
From: Larry S.  Read Replies (1) | Respond to of 3358
 
Joe, I don't claim to be smart enuf how to figure the arbitrage on REI/RRI . I think both are good companies selling very cheaply. I plan on holding my RRI distributed shares along with the REI - there will be new symbols i believe. larry


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