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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
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Organization: Ballistic Research Lab
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	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...