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ok, words of warning: A) I already own some TA. B) I will be buying more, escpecially at lower prices. C) I am Canadian :)

I like TA, but it is in uncharted territory. No retail sales, all wholesale Generation. They are very good at it, and very smart, but even smart people do dumb things changing their business too much.

When I first bought it, in 98, it had about 1.50 in cash flow and was trading for 24 bucks CDN. everybody thought it was gonna go outta business, and it dropped to 12.50 (ok, everyone thought TRP was gonna go outta business, so, they blamed TA too?) (I bought tons at this point :)

then everyone thought it was a dream, and ran up to 30 bucks plus. now it is back to 22. same company. :)

It does a lot right, and nothing obviously wrong, altho I do not like the unregulated generation as much as I did the regulated Util status. But they are smart people, so we shall see. they keep making money.

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