I am still looking. Tentatively I would say EP and DUK look good but I have no positions. I have not yet committed large sums in the area, except for one rather speculative position: Mirant preferred and common. Mirant, I think, is likely to survive, and if it does, it is at least a triple from here. However, it is subject to great "headline risk" because of accounting issues and California litigation exposure.
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