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SilverSurfer

01/23/07 10:27 AM

#22380 RE: bkitchman #22375

USSE shareholders will not be enjoying the SPC cake, so to speak, unless you get spinoff shares. Think about it.
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PaperProphet

01/23/07 10:36 AM

#22389 RE: bkitchman #22375

It really doesn't matter who gets any green credits. If an electric company were to get green credits amounting to $X simply because they purchased a certain type of fuel which only one supplier could produce, obviously the electric company didn't provide that social value turned to money by tags--the producer of the fuel did. Because of that, the producer of the fuel should be able to extract almost all of that extra $X for themselves. If the electric company doesn't want to give most of the extra money to the producer, the producer could simply find another electric company. So even though the electric company may get the green credits, the money would most likely pass straight through to the fuel producer--unless the producer was extremely poor at negotiating.
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KNTSKC

01/23/07 10:46 AM

#22394 RE: bkitchman #22375

BKITCHMAN
This is one of the ?'s I had as well upon the announcement of the spin-off co.
I was at the time and am still curious myself if the spinoff co will be the more valuable of the 2 co's. We have to remember the big pps dump after the x-date,yes this is normal but it made me wonder if the more profitable of the 2 co's would in fact be the spin. Also then take the fact that the spin is to be restricted(I THINK I HEARD HERE ) for a period of 1 yr ,maybe to allow it to get up way up in pps before any can sell it.
Still way to many ?'s on this to jump back in to the extent I was in it before....
Again not bashing at all just ?'ing all the MOU's ect .
Oh well have what I have and waiting for all those divy shares to end up in my acct........all imho and yes I hold but only about 15% of what I did at one time.......