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Strategies & Market Trends
IPPs and Merchant Energy Co.s

An SI Board Since September 2002

Posts	SubjectMarks	Bans
3358	82	0

Emcee: Larry S.	Type: Moderated

Introduction Compact

First we had de-regulation of electric utilities, and trading of future energy delivery, then we had Enron. Post Enron, we have seen decimation in the companies that remain in the field - the IPPs (Independent Power Producers) and merchant energy companies: DUK, MIR, CPN, ILA, REI, RRI, DYN, WMB, EP, TE, XEL etc. Many of these companies are now selling in the single digits, and have been beset by lowered bond ratings, fears of bankruptcy, and sector hatred. Yet, these companies remain real companies, with generating assets, pipelines, etc. Warren Buffett has been sniffing and buying and others must be on the prowl. The purpose of this thread is to have an intelligent and friendly discussion of the merits of investing in this sector. Any and all opinions on the stocks and sector are welcome; personal attacks are not, and will not be tolerated.
Portfolio prices reflect 12/31/02 close and are not adjusted for dividends. Larry

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Reply	Message Preview	From	Recs	Posted
3358	Actually I think the B warrants are primarily going to the preferred owners and	Area51	-	1/6/2006
3357	Of course, the next questions are, how many of those do we get per old share, wh	Oeconomicus	-	1/6/2006
3356	<i> "B" warrant, which is not yet trading. The latter symbol is	RCMac	-	1/6/2006
3355	Yahoo now lists symbols for the stock, an "A" warrant (the one now tra	Oeconomicus	-	1/6/2006
3354	<i> I believe it is still up in the air whether there will be a trading v	RCMac	-	1/6/2006
3353	If you thought you liked it at $8.50, how 'bout $9.90? That's the latest	Oeconomicus	-	1/6/2006
3352	<<Per the POR you will get 0.0271 MIR shares and 0.087 A Warrants for each	Broken_Clock	-	1/5/2006
3351	Thanks I like $8.50 better and if it has a techical basis it's probably a be	Area51	-	1/5/2006
3350	The lawsuit claim was only for those holding MIRKQ and MIRPQ(PQ I think, not pos	Broken_Clock	-	1/5/2006
3349	51, I think you're a tad low on the warrant value. I got close to $8.50 for	Oeconomicus	-	1/5/2006
3348	From post 3345: <i>For example, a stockholder who had 1,000 shares of the	Area51	-	1/5/2006
3347	You get about 3.66% of new MIR shares. You can get good info here: finance.messa	Broken_Clock	-	1/5/2006
3346	Questions. What does a 1000 shares of old Mirant get? and when should they b	leigh aulper	-	1/5/2006
3345	MRNTV off to a good start (23.90 as of the time of this post). Thanks to Judge	Area51	-	1/5/2006
3344	Mirant Completes Reorganization and Emerges From Chapter 11 Tuesday January 3, 3	Oeconomicus	-	1/3/2006
3343	Hard to disagree with that observation.	tom pope	-	12/29/2005
3342	Subject 50987 I never liked CPN after they startd selling off their NG reserves	Broken_Clock	-	12/29/2005
3341	<the time to buy is the first print after the BK announcement> IMO not in	NDBFREE	-	12/29/2005
3340	to Larry S. This is the first post I've made on SI. I have followed your tho	geneve	-	12/20/2005
3339	Hey, Judge Lynn has opened some space on his docket for Calpine: <i>HOUST	Oeconomicus	-	12/1/2005
3338	On November 23, 2005, Mr. James B. Robb resigned as Senior Vice President, Retai	tom pope	-	11/30/2005
3337	Last gasp? NEW YORK (Reuters) - Calpine Corp. (NYSE:CPN - News) on Tuesday repl	tom pope	-	11/29/2005
3336	The yahoo boards are working very slow today. However, after 4pm est they seem t	Broken_Clock	-	9/8/2005
3335	Thanks. Looks like an interesting situation but I do need help.	tom pope	-	9/8/2005
3334	messages.yahoo.com This board or the SO board is good for info.	Broken_Clock	-	9/8/2005

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