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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (2835)	11/22/1998 5:09:00 PM
From: John Mansfield	Respond to of 9818

'The Pilgrim Nuclear Plant in Plymouth, MA is under contract for sale 'From: meg999-@xxxxxxx.com Date: Fri, 20 Nov 1998 23:28:23 EST To: Roleigh Martin <roleigh.martin--@tc.umn.edu> Subject: Re: [roleigh_for_web] Nukes, satellites and the tooth fairy. X-Mailer: AOL 4.0 for Windows 95 sub 226 Roleigh Here's something interesting that was in the Wall Street Journal today. The Pilgram Nuclear Plant in Plymouth, MA is under contract for sale. The agreed upon price is $80 million; peanuts for a Nuclear Plant. The book value of the plant is %650 million. For comparison, coal fired plants, on the rare occasion they are sold, rake in an average of 1 1/2 times there book value. More interesting is the fact that just last month, the Three Mile Island Plant in PA went under contract to the same energy company for 100 million; also a steal. The article goes on to say there are 30 companies looking to sell their nuclear plants over the next several years. If this isn't Y2K, I'll eat my shirt! Roleigh Martin ourworld.compuserve.com ( easy to remember alias is: webalias.com ) (A Web Site that focuses on Y2k threat to Utilities, Banks & more!) Subscribe to my email list--visit this page at my web site: myegroup.htm