Okay. Let's start with a fact. What is the number
one nemesis of nuclear facilities; the most frequent
and primary reason they get in trouble, shutdown and
cost their owners (and stockholders) a bunch of money?
The answer is safety. Now the fact: In 1999, San
Onofre had more nuclear safety problems substantiated by
the Nuclear Regulatory Commission than any other
nuclear plant in the U.S.
INPO - Institute of Nuclear Power Operations.
INPO 1 is highest rating they give nuclear plants. An
assessment is performed every couple of years. INPO also
accredits the nuke's training programs. It's a group
started by nuke owners in the early 80's to "help" the
plants perform better and improve regulatory position.
It's grown into a pseudo police force whose
"recommendations" are taken every bit as seriously as the NRC's.
Filled with ex Navy nuclear officers.
excuse me for my lack of knowledge...please
increase it by answering what "songs" are. I'm looking to
buy this stock, and am just interested in this phrase
since it comes up often on the board.
There was no legal threat. His comment about
management(which I don't even care to repeat) is libelous and
damaging to all shareholders and to the reputations of
management of EIX. Management has a right to know what is
being said about them IN PUBLIC and in front of other
shareholders. A $10,000,000 lawsuit was filed in Feb. against a
Raging Bull poster who used very similar words to
describe the management of a certain company. When you put
words on computers that are damaging, you are 100%
responsible for those words. You are not some anonymous,
phantom nickname and you can be identified and held
responsible for such comments, PERIOD!
>Since you are so POSITIVE on your statements
>about EIX management, I'm sure that you will
>not mind that I just faxed a copy of your
>post #659 to the attention of their LEGAL
>department, with a copy to the CEO. Your
goes WAY beyond the boundries of
that is your job on this board,
This is hilarious! Libel does not ensue from personal
conversations, which is all this message board is. I don't see
why all of you don't simply rebut RKW's (or anyone
else's) statements if you think they are inaccurate.
Personal insults, legal threats, and other diversionary
tactics simply suggest that you (and I mean you in the
plural sense, here) are unwilling or unable to carry on
a rational debate. The ability to participate in
rational debate is vitally important to any exchange of
Do some of you have a
personal, rather than (or in addition to) simply financial,
investment in EIX? If so, better to recognize it, and
realize it can bias our viewpoint. Sun Tzu said, "Keep
your friends close, but keep your enemies closer." (I
think it was Sun Tzu). If you all think that RKW is
your enemy, then listen to what he says, and try to
figure out why he's wrong, and then share that
information with the rest of us. Don't waste the group's time
with personal insults and specious legal threats.
The purpose of this board is to discuss the company
and why one might wish to invest, or not to invest,
<Soapbox mode off>
I don't think so.
Who would want to buy a
bunch of overbid power plants. Nobody values plants
like a phantom stock plan would. Trust me, this will
never happen under Bryson - would be too embarassing
This stock goes lower, especially in
an environment where interest rates continue to
rise. Further, I don't think the real problems have hit
yet. Management has only begun to lose credibility
with Wall st.
The only way I buy into this
company is when the stock price dips into single digits
and current management is given the axe.
Unfortunately, with this cozy board of directors, it is not
likely to happen.
Its clear you know nothing of the
its rating system,IMPO, NRC guidelines,SONGS track
record, or anything
else concerning this company, or
Why not take a little time, do some
and get back with us, ok?
To those of us in the
know, you are telling us
you are , well,
Seems to be an increase in the yahoo message
board idiocy factor these days. However, yours sir,
takes todays prize.
If you would only check, you
would learn that your beloved SONGS has been
experiencing declining NRC ratings. As recently as last
September, the NRC downgraded the operational ratings of
SONGS to an "acceptable level" which (as I have posted
before) is a far cry from a superior level, or even a
good level for that matter. Why the decline? Why is
the swiss watch appear to have fallen significantly
in operational performance (as compared to its
peers) and judged by the NRC?
And speaking of
working like a swiss watch, was there not an "event" last
April requiring a full operational shut down at
As most people are aware, the reason San Onofre is a
"cash cow" is because of the regulatory deal struck by
Edison and paid for on the backs of the California rate
payer. It does not have anything to do with operational
performance. Without the back room regulatory deal SONGS would
shortly go the way of the Buffalo in the competitive
market. Something it might me doing anyways.
MO,is ignorance bliss?