Got the CIN proxy about a week ago - just the proxy with instructions to read the details on the web. Got the entire printed package from DUK - own both of them. As far as messages not being posted, this YAHOO board seems to get messed up about once a week.
I got my merger booklet yesterday. Be sure to read the top 3 paragraphs on page 110 re dividends, especially para. 3. I don't trust the dividend beyond the next quarterly payment. I never remember any mergin agreement hedging so on future dividends. Remember, they deliberately raised the Duke dividend to make the deal agreeable to Cin shareholders, since Duke paid a lower dividend. If I wasn't already messed up with 2006 taxxes due (sold some land and afew stocks)I'd sell. Not that Cin did much over the years, in fact it's the lousiest utility investment I ever made and can't figure why I didn't sell it 20 or 25 years ago. Comes of living in the Middle East with no access to even closing market prices,
Dividends are always at the approval of the directors, but the wording does seem ominous. I was already planning to get rid of Duke because I am not satisfied with their dividend and I have a little in capital gains, but haven't decided about my Cinergy shares after the merger. I am having trouble finding something that pays a good dividend that won't take a hit in price if the fed keeps raising rates.