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

To: E_K_S who wrote (38231)	6/8/2010 6:33:22 PM
From: Spekulatius	Respond to of 78705

re EONGY - yest utilities just fall with the falling currency since they get paid in local currency. Of course if the currency devaluation set up inflation, the utilities should be able to raise their prices.

To: E_K_S who wrote (38231)	6/8/2010 9:15:36 PM
From: Paul Senior	Respond to of 78705

EON. I don't know to what to attribute EONGY's drop. It could drop further as Euro falls against the dollar. Considering EON's diverse geographic mix and diverse energy activities; the fact that it's a supplier of needed energy; and the stock's current div. yield-- it's at a cheap enough point for me to begin to add to my position. May indeed take a while for this stock to rise from current level. I'm in with a view to holding 5-7 years or so. Well, that's what I say anyway. eon.com