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To: Findit who wrote (13449)8/18/2003 3:36:16 PM
From: Bucky Katt  Read Replies (2) | Respond to of 48461
 
Jim, GUT is trading ex-rights>>

RYE, N.Y.--(BUSINESS WIRE)--Aug. 12, 2003--The Gabelli Utility Trust (the "Trust") announced initial terms of its Rights Offering that was originally announced on May 23, 2003. The Trust has filed a registration statement with the Securities and Exchange Commission. The record date for the Rights Offering will be August 20, 2003. Pursuant to the Offer, the Trust will distribute to shareholders of record one transferable Right for each share of its common stock held on the record date.
Three Rights will enable a shareholder to purchase one additional share of stock at $7.00 per share (the "Subscription Price"), without brokerage commissions. Rights may be exercised at any time during the subscription period. The Rights will be transferable, with the subscription period commencing on August 20, 2003 (the record date) and terminating 34 days later on September 23, 2003 (the expiration date), unless extended up to ten business days thereafter. Shareholders of record who exercise their primary subscription Rights will be eligible for an over-subscription privilege entitling these shareholders to subscribe, subject to certain limitations and a pro-rata allotment, for any additional shares not purchased pursuant to the primary subscription. In addition, under certain circumstances, the Trust may issue additional shares of common stock to satisfy over-subscription requests by shareholders of record in excess of the shares available for the over-subscription privilege.

It is expected that the Rights will trade regular way on the New York Stock Exchange beginning August 22, 2003 at which time shareholders may sell their Rights at the then current market value. It is expected that the Utility Trust common shares will trade "Ex-Rights" on August 18, 2003.

_____________

Hec looks like it could pop into .50+



To: Findit who wrote (13449)8/18/2003 9:20:44 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Al Qaida claims responsibility for blackout


SPECIAL TO WORLD TRIBUNE.COM
Monday, August 18, 2003
Al Qaida's Abu Hafs Brigades has claimed responsibility for the blackout last week in the Northeast and Midwest United States. A communiqué by the Abu Hafs Brigades made reference to Operation Quick Lightning in the Land of the Tyrant of this Generation."

It was published as "the third communiqué by the "Brigades."

In the first, they accepted responsibility for the downing of an airplane in Kenya. The second accepted responsibility for the Jakarta bombing of the Marriott hotel on August 5, 2003.

The new communiqué says that in compliance with the orders of Osama bin Laden to strike at the American economy, the Brigades struck two important electricity supply targets on the East coast, according to the Middle East Media Research Institute. The Brigades say that they cannot reveal how they did it, because they will probably have to use the same method again soon. The communiqué also claimed that the operation was meant as a present for the Iraqi people.
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As we postulated waaayyy back, when the "blackout" happened, we would make $$coin, one way or another!!!!

Who gives a shit as to the why, we seem to "find" the WAY.



To: Findit who wrote (13449)8/19/2003 9:32:17 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Jim, HEC=bingo!! Both HEC & BCON were up heavy in the pre-market..

Hec looks like it could pop into .50+