Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site brl-sem.ARPA Path: utzoo!decvax!genrad!panda!talcott!harvard!seismo!brl-tgr!brl-sem!jcp From: jcp@brl-sem.ARPA (Joe Pistritto) Newsgroups: net.invest Subject: Re: MSU to file chapter 11 ??? Message-ID: <381@brl-sem.ARPA> Date: Thu, 22-Aug-85 00:55:02 EDT Article-I.D.: brl-sem.381 Posted: Thu Aug 22 00:55:02 1985 Date-Received: Fri, 23-Aug-85 01:58:21 EDT References: <587@leadsv.UUCP> Reply-To: jcp@brl-sem Distribution: na Organization: Ballistic Research Lab Lines: 17 On the 19th and 20th, I heard that MSU is appealing the Louisiana PUC decision to grant NO rate relief to it. On a previous appeal, the federal appeals court overturned the PUC decision. Part of the problem seems to be that the PUC is elected in Louisiana, and everyone is trying to look like a hero. These charges relate to costs in putting a recently completed nuclear power plant on line, which requires some sort of rate relief (the utility asked for $350 million). I think the stock is an excellent buy at 9 (I bought mine some time ago at 11 1/2). It is a bit of a gamble though, (now, quickly, how many of you bought Chrysler at 3 1/4...) -JCP_ -- If guns are outlawed, how will we shoot the liberals...