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Westar Energy, Inc. Message Board

  • ugadawg_98 ugadawg_98 Nov 16, 2002 1:30 PM Flag

    Sell common--Buy Preferred.

    I expect the scumbags like Wittig and Co will
    get tossed (or locked up), POI and ONEOK stakes sold, the proceeds used to pay down near $1 bil. debt, the common div. taken to zero (saving $80 mil. per year) and preferred div will still click along at 15%. Guess which security I'd want to hold? WR_pb good buy and is actually debt, not stock.

 
WR
44.76-0.46(-1.02%)Feb 12 4:02 PMEST