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Pepco Holdings, Inc. Message Board

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  • balegoba1966 balegoba1966 Apr 21, 2010 1:03 PM Flag


    The deal came at price that will make it less than accretive to neutral for this year's earnings, depending on how the hedges, etc. work out when the books are cleared as the assets are handed over to Calpine. But it gives POM a chance to get on track to support the divvy in 2011 and beyond. So all in all, good, but it's not going to put octane in POM's share price. So I sold 80% of the shares I added to my position on yesterday's weakness, and will let the 20% ride for the nice divvy.