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MGE Energy, Inc. (MGEE) Message Board

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  • berezotko berezotko Aug 15, 2008 8:47 AM Flag

    Is anybody out there???

    Do it - I think the initial investment in that program is only like $500. I havent been to Madison in 10 years - I look forward to getting up there before the Summer is out. Based on the mailings that I get from MGEE it appears much has changed!

    Brian

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    • Thanks, Brain. I am indeed planning to very shortly. Madison is supposed to have a reputation as the most brainy city in the country. The service area really is the people. Compare this with one that has a large group of economically-depressed people. The utility needs a rate increase because they built a plant or made improvedments under cost. But politically it does not "play well in Peoria." I think that you have an idea what the result will be. :-) This is the type of stock that you buy and reinvestment the dividends for decades and then later take them to the end of your days. Never first, never fastest, never brightest. But in good times always there. The stability of this stock on a bad day speaks decades.

      My buy recommendation is an over 30 years one.

 
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