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Post# of 704019
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ItsAllCyclical

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ItsAllCyclical

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Re: Joe Stocks post# 110499

Friday, 05/23/2003 10:36:44 AM

Friday, May 23, 2003 10:36:44 AM

Post# of 704019
Been buying more TE the last few days and today. Tax plan cleared house and senate. Bush will sign. 15% dividend and capital gains rate until 2008. Decent earnings and nice dividend. Like DUK and RRI, TE's cap ex will be dramatically reduced next year clearing the way for the dividend to be increased again.

Nice 27 mil shares short as well and good technicals.

Looking for 13.5 to 15 on this run near term.
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