Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
AUGUAST 19 '99
RE: "PUTTERBND'S"REPLEY
MEC FELL FROM $34 to $29.81 AS I TYPE THIS. THE UK REGULATORS HAVE TOLD MEC'S UK OPERATIONS THAT THE PRICE OF POWER WILL BE DOWNREGULATED BY (ABOUT) 25% LATER THIS FALL. THE OMAHA WORLD HEARLD REPORTS THAT DAVID SOKOL WILL CUT BACK JOBS IN THE UK OPERATIONS....IT SOUNDED LIKE SOKOL WAS SPARING TO GET A MORE FAVORABLE DEAL. PERHAPS HE WAS JUST BEING EXPEIDIENT AND WAS NOT NEGOTIATING WITH THE UK REGULATORS. THIS FEE CUT WILL IMPACT EARNINGS BUT I DON'T HAVE THE SKILL TO CALCULATE HOW BIG AN IMPACT WILL BE SEEN IN THE NEXT 3 QUARTERS.

DISSAPOINTING BUT I AM STILL A BULL ON THIS UTILITY COMPANY.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement