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tr8dervic

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tr8dervic

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Re: hettygreen post# 334

Monday, 05/01/2006 10:19:09 PM

Monday, May 01, 2006 10:19:09 PM

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Hetty, you know that HEC will show a loss in q1 right? Due to hurricane shutdowns and accounting treatment of GED, the HEC loss will be about 3 mil +- 1 mil imho.

On the other hand Q2 will show a profit of 12mil+ thanks to restoration of production and accounting for GED swinging into HEC's favor due to accounting treatment.

The bottom line being if HEC takes a hit after Q1 it could set up a buying oppty.



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