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Post# of 704019
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Joe Stocks

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Joe Stocks

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Re: rossi post# 59920

Monday, 12/30/2002 12:47:20 PM

Monday, December 30, 2002 12:47:20 PM

Post# of 704019
One reason I like these beaten down energy stocks for a tax loss selling. I'm betting that many of these are held in income producing portfolios and will be sold to offset income. In RRI case. 240 million shares were dumped on these folks. Since RRI pays no dividends I think there is a good chance RRI will be pitched from many accounts. I hope what we are seeing is that the selling is over. (RRI at new HOD- 3.13)

Joe

Joe

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