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To: jim_p who wrote (16182)12/25/2002 12:43:57 PM
From: William JH  Respond to of 206085
 
Good post, Jim. Two years ago there was a situation that was similar in one way regarding CKR, the parent of the Carl's Jr. restaurant chain. The founder is a high-roller in the stock market and got a huge margin call. He was forced to unload several million shares of CKR, depressing the price to $2. Over the next year it rose to $10. I'm hoping for something like that from RRI.



To: jim_p who wrote (16182)12/26/2002 10:44:17 AM
From: aerosappy  Read Replies (1) | Respond to of 206085
 
jim, do you think that some of the factors you describe as hurting RRI also are adversely affecting WMB, EP, MIR, PGO, DYN and so many others selling at all-time lows?

<<First mostly institutions and conservative investors owned the former parent company which as we all know was a regulated utility when most invested in the company.

Second many of the institutions either can't by their charter (due to the stock price), or don't want to hold the unregulated spin off of CNP. Many of the investors don't understand the unregulated side and won't take the time to see how RRI is different then the others who are either failing or in some cases about to fail.

Third, we are at the tail end of tax selling and RRI is not all that liquid right now.>>