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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (26838)	5/21/2007 4:05:58 PM
From: E_K_S	Read Replies (1) \| Respond to of 78516

Hi Paul - Tele Norte Leste Participacoes S.A. (TNE) up 5% today. Maybe the Altel buyout helped it out. The Brazil group was up about 4% today so perhaps it is a country specific gain. Of the two you mentioned, (TNE & ELP) I like ELP. It's on my watch list. It's hard to nibble at a few shares when it is at an all time high. EKS

To: Paul Senior who wrote (26838)	5/23/2007 12:53:44 PM
From: E_K_S	Read Replies (1) \| Respond to of 78516

Started a small starter position in ELP. I took some of the proceeds from my SWWC (Southwest Water Co.) sale and bought ELP shares. This is in the IRA portfolio and I believe ELP will complement my long term utility holdings, provide an international play and perhaps even return a small growth kicker. My plan is to eventually hold equal shares in SWWC and ELP but need SWWC to get back to it's old highs so I can complete the proper allocation. 2% of the IRA portfolio is invested in utility type stocks. I consider this allotment part of my fixed income portion. Another 7% of the IRA is invested in U.S. Gov. strips that I acquired when interest rates were much higher. Thanks for the heads up on this one. EKS