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Duke Energy Corporation Message Board

  • paulmer_97 paulmer_97 Mar 6, 1998 6:02 PM Flag

    just a hunch

    Just a hunch here, but Duke seems to be poised to break out of
    its trading range. Other issues could intervene, such as the schizo market we saw on Thursday and Friday.

    If anything, volatility could be a friend to Duke, if people begin looking toward "safe" growth and dividend oriented stocks.

    In any event, a move to 60 wouldn't be a shocker in the next couple of weeks. Then I'll start cheering for split, just to keep the upside momentum.

    My Duke investing is through their DRIP and I think you can get more Mom & Pop buyers when they see they can buy a share at 30 instead of 60.

    BTW, Duke 76 - North Carolina 70 in ACC finals on Sunday. (It pains me to say it because I went to UNC, but Duke is the better team right now).

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    • (1) "volitility could be a friend to Duke." I agree with you Paul. I've heard a couple analysts on CNBC say that utilities are the best mid-cap/small-cap safe stock play.

      (2) "a move to 60... cheering for split." I would say the more appropriate time frame for a split would be say 4 or 5 months at a price between 70 to 75. Duke rarely splits and at their present growth rate, it'll probably take that long to get to a share price they might split at.
      -I heard on CNBC today that energy stocks are going to have massive warnings out soon along with big decreases in earnings. These are oil and oil service. I would expect that utilities might also suffer. This recent upswing is due to the general current of the market. I'd be ready with some cash to buy on dips. Next month might be right for a substantial "optional cash payment."

      (3) "Duke is the better team right now." You have got to be kiddin' right? Last game between Duke and Carolina, Carolina
      lost on poor free throw shooting at the end. It was played at Duke. Duke and Carolina have for years split their games on their
      home courts. Look it up. Also look up the score on the game played at the Dean Dome. Duke lost by 20+. I'll give you that with
      the Super Freshman back, they look poised for a deep run in the NCAA tourament. But, as for the ACC championship, I like
      Carolina by 7. In the past, the regular season champ doesn't usually beat the other in the ACC tourney. That is when its Duke and

      my 2 cents,


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