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Joe Stocks

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Joe Stocks

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Re: boo boo post# 40390

Thursday, 10/31/2002 2:32:38 PM

Thursday, October 31, 2002 2:32:38 PM

Post# of 704019
RRI- Couple things to think about with RRI. Earnings were not too bad and projections were as anticipated. 240 mil shares were dumped on the market just 30 days ago so there is a ton of supply to eat through. Many of those that got share don't want them because they don't pay a dividend. Also, today is the last day for tax loss selling for a bunch of Mutual funds.

RRI's main problem is a bunch of short term debt coming soon but they knocked a chunk out of that Tuesday.

FWIW, Joe

Joe

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