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Replies to post #91 on Mirant

Replies to #91 on Mirant

Joe Stocks

04/22/04 2:49 PM

#92 RE: south louisiana #91

SL, I'm not sure how the MIRPQ is different from the common. Back last year I argued on the YHOO board that it should be treated like a bond. There was a bunch of disagreement. If it is treated like a bond, and currently trading at 28% of book, I would think there might be something there. However, this thing has gotten much riskier for me, and since I am notclear how MIRPQ will be treated, I'm staying away.

Can you shed some light on MIRPQ for me as far as where they stand in line to get paid??

Thanks.