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

To: Dale Baker who wrote (33972)	3/28/2009 6:59:32 PM
From: Spekulatius	Read Replies (3) \| Respond to of 78702

re NRG - i hear you. I think NRG is best of breed but IPP generally speaking has been a lousy business. If they indeed had such a dependable cash flow they would pay a dividend. None of the IPP does. Of the hybrids like EIX, SRE, the dividend is funded from the regulated part only. They all make that very clear. On another note have you looked at ESRX recently, you owned it at some point? The chart looks like a rubber ball bouncing down stairs. LOL. This is supposedly a good business.