RRI- Actually they got one Friday from what I understand. WMB, MIR, and DUK also received them. I still feel good about RRI and have a long term position that I will continue to hold. IMO RRI represents the best value play of the bunch. If it was over $5 I would add but it really messes with my margin availablity having too many under $5 stocks which I don't like to hold anyways.
>> NEW YORK (Dow Jones)--Mirant Corp. (MIR) has received a subpoena from the U.S. Attorney's office in San Francisco, company spokesman James Peters said Monday.
He declined to discuss the nature of the information sought by the investigators, but said Mirant is cooperating with the request.
As reported, Duke Energy Corp. (DUK) and Williams Companies (WMB) said Friday they had received subpoenas from the same U.S. Attorney's office related to their participation in California's energy markets.
Reliant Resources Inc. (RRI) said this weekend it also received a subpoena Friday from the U.S. Attorney in northern California.
All four companies own or operate generation in California and have traded energy in the West.
Joe
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