SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (15635)10/11/2002 2:51:36 PM
From: Bob Rudd  Read Replies (1) of 70865
 
Paul, good timing [I hope]. Missed the $9 dive, but if S&P hits it, I may get another chance. The $2 worst case eps if NO poor credit energy projects completed still stands. A study out today indicates capacity increases required over the next several years ~2% [1.6 to 2.5% range]...a bit lower than the 2.3% over the prior 10 years. SGR is well positioned to get their share of this as well as international business. There currently appears to be a perfect storm of low weather, cyclical and credit capacity problems, but electricity demand is inelastic so as the economy comes back, weather is less friendly and the power guys get liquid[When the brown-outs hit, funding will come out of the woodwork...if it gets to that]. At some point in the next 5 years this gets back into the 30's based on a reasonable multiple of normal earnings [12*3=36?]...or not...I seem to have the 'plumbers touch' when it comes to energy related stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext