Now that ETR has sold the pipeline and has a warchest free and clear let's see what comes from talks that have been in progress. Granted ETR will not overpay for any asset, but I am sure they have a few ideas that will now come to fruition. Do I have any inside info - no. I just know ETR wants to stay an independent "big boy" and the best way to do it is through acquisition. Yeah, they can buy their own stock back and please Wall Street, but if that's all they can do it is time to get some new money managers in the corporate ranks. As I have said before TXU, because of Wilder and it is in their territory. It also will give them a better chance of winning rate cases in an area they have not been doing good. The other is CEG, they need help and ETR is getting the rep of a team that can turn around companies. We shall see. Picked up some more shares this week. Again all this is IMHO. Good luck, Happy New Year.
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Exelon Nuclear Sets Generation Record Exelon Nuclear, the nation's largest operator of commercial nuclear reactors, produced 129.7 million megawatt-hours of electricity in 2004, an all-time Exelon Nuclear record. Feb 16 - PRNewswire-FirstCall
CHINA EYES AUSTRALIAN URANIUM China today expressed an interest in buying Australian uranium and indicated it would be prepared to obey laws preventing it being used for military purposes. CANBERRA, Feb 17, 2005 -- AsiaPulse
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I agree. FE is a candidate for Entergy. The tough part will be to rebuild the employees confidence now that FE has taken the likes of JCP&L people and made them feel like scum. It will still be a bargain and the FE employees will appreciate ETR.