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Zeev Hed

03/27/03 1:44 PM

#91445 RE: south louisiana #91443

Got a lot of work on BRCM to accomplish, it has retreated from $13.25 to $13.09, so I jumped in. Also back on the bu$$ at a minor discount here at $13.66.

Zeev

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KyrosL

03/27/03 2:06 PM

#91460 RE: south louisiana #91443

It was pretty disappointing for IPP stockholders. Most IPPs will have to pay more than they reserved and the process will drag on a lot longer than hoped, IMO. My only IPP/Utility positions at this point are DUK and CNP, and some MIR and ILA bonds.

Kyros