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Finally turned the corner. The losses are for writedowns. Waiting for the Plan of Reorganization around December. FYI to several folks...

1 posted on 08/11/2004 5:15:37 AM PDT by MeneMeneTekelUpharsin

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To: BOBTHENAILER

Finally...justification. The stock price obviously jumped up some 20+% yesterday. Duh.

2 posted on 08/11/2004 5:16:26 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)

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To: snopercod

FYI...might want to look at the chart from yesterday. Good volume. Maybe this one will make it. Enron hurt a LOT of folks unnecessarily.

3 posted on 08/11/2004 5:17:20 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)

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To: Ernest_at_the_Beach

Funny how you fellas are conspicuously silent now. FYI.

4 posted on 08/11/2004 6:44:31 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)

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To: BOBTHENAILER; snopercod; Ernest_at_the_Beach; TopQuark; Dog Gone

Dreman Value Management just bought 8 million + shares of Mirant. Wonder what they know? Mirant made a profit of 32 million in the second quarter, Ernest, while Calpine had a loss. Turn around?

Click here for Lion Shares website showing institutional ownership.

5 posted on 08/12/2004 5:12:43 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)

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