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Southern Company Message Board

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  • hk10502003 hk10502003 Apr 25, 2004 12:56 AM Flag

    More on valuation:

    Thanks to all of you who read and recommended acknowledging the pain we and many many others who did not reply or are not part of the board or has sold off have gone through since the BK.
    Some of the people may have bought more just to recoup the losses if their initial incestment gave them the affordablity to do so.
    Many of us bought pre-BK thinking, even at that time, that the stock was worth more than $2.00 based on its fundamentals compared to other companies in the IPP sector and almost all other companies in similar situation had been refinanced at the last minute.
    I believe it was our own fate for those who lost quite a bit, in all different ways. We can now only hope for the best with the outcome that is fair as the future rolls on.

 
SO
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