Entergy: Fear should not be PSBa guide

Unsubstantiated claims and arguments submitted to the Vermont Public Service Board by parties opposed to the relicensing of Vermont Yankee nuclear power plant should not stand in the way of the plant's continued operation past 2012. Full Story
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Man Overboard

Philadelphia, PA

#42 Aug 17, 2009
Mike Mulligan wrote:
What a dog of a stock you chose...the stock price is down almost 50% from a year ago, down 2.25 percent today.
You cant purchase a bag of potato chips for those dividends.
You better sell your stocks, the price will be cut in half in another year.
Everything is down 50% from a year ago dumarse.
Mike Mulligan

Roslindale, MA

#43 Aug 17, 2009
Yea, but the EXC bubble was about 50% higher than the DJIA, while ETG was about 25% higher.
Man Overboard

Philadelphia, PA

#44 Aug 17, 2009
Mike Mulligan wrote:
Yea, but the EXC bubble was about 50% higher than the DJIA, while ETG was about 25% higher.
...and when oil hits $150.00/barrell it will go through the roof again. My point being, your claim that nuclear is not profitable is simply wrong.

Moreover, consider that the price of a nuclear Megawatt is 80% O&M and only 20% fuel related costs. This means that even when the cost of every single fuel source on the planet goes up, the cost of nuclear generation remains relatively flat - i.e. higher gas prices means more profit for nuclear.

Now, show of hands - who thinks Gas will be $2/gallon this time next year????
Man Overboard

Philadelphia, PA

#45 Aug 17, 2009
Also, Exelon declared a dividend today. If nuclear is not profitable, than this money must have materialized out of thin air.

http://www.businesswire.com/portal/site/googl...
Man Overboard

Philadelphia, PA

#46 Aug 17, 2009
Correction - July 28
Anemone

North Pomfret, VT

#47 Aug 17, 2009
mike mulligan wrote:
<quoted text>
You idiot, I have multiple personalities not multiple identities...
Oh sure Mike and I'm Keenan Thompson from Saturday Night Live. Shall we continue this little game of hide and seek?
mike mulligan

Roslindale, MA

#48 Aug 17, 2009
I was trying to give you some background on the nuclear problems in the 1980 and 1990s. Now we got a financial system meltdown, and just plain no demand for electricity. Before $150 barrel of petroleum, we will have budget related operational problems blossoming like pimples on a teenage. They will start slashing their staffs at the nukes, it will damage the organization....then nuclear expenses will skyrocket like Entergy. Petroleum prices loosely tracks electricity prices.

I mean if we had $150 gas, wed have a double header depression...then wed bankrupt every utility.
mike mulligan

Roslindale, MA

#49 Aug 17, 2009
Man Overboard wrote:
Also, Exelon declared a dividend today. If nuclear is not profitable, than this money must have materialized out of thin air.
http://www.businesswire.com/portal/site/googl...
Here is the ABCs of investing....the dividend is not high enough to support its stock price.
mike mulligan

Roslindale, MA

#50 Aug 17, 2009
Anemone wrote:
<quoted text>
Oh sure Mike and I'm Keenan Thompson from Saturday Night Live. Shall we continue this little game of hide and seek?
http://www.hulu.com/watch/66313/saturday-nigh...
Anemone

North Pomfret, VT

#51 Aug 17, 2009
mike mulligan wrote:
I was trying to give you some background on the nuclear problems in the 1980 and 1990s. Now we got a financial system meltdown, and just plain no demand for electricity. Before $150 barrel of petroleum, we will have budget related operational problems blossoming like pimples on a teenage. They will start slashing their staffs at the nukes, it will damage the organization....then nuclear expenses will skyrocket like Entergy. Petroleum prices loosely tracks electricity prices.
I mean if we had $150 gas, wed have a double header depression...then wed bankrupt every utility.
Very strange.....my light switch is in the upward position this very second as we speak! I must have a haunting going on or something.
Man Overboard

Philadelphia, PA

#52 Aug 17, 2009
mike mulligan wrote:
<quoted text>
Here is the ABCs of investing....the dividend is not high enough to support its stock price.
You talk about the ABCs of investing and then you claim a Yield of 4.27% can't sustain a stock price? Again, continued debate lends to your discredit.
Man Overboard

Philadelphia, PA

#53 Aug 17, 2009
By the way - it is electricity that tracks petroleum and not the other way around.
mike mulligan

Roslindale, MA

#54 Aug 17, 2009
ABCs again, that is what happens when a stock price craters, what happened when they cut their dividend to conserve cash. They did boost their dividend to support the low stock price after the crash. What a joke they had to boost their dividend 16% in order support their floundering stock price. I wonder how much stock they had to buyback, where they could have use that to reduce electric rates.
mike mulligan

Roslindale, MA

#55 Aug 17, 2009
Holy crap, the other company talked about in the NPR article is Freudenberg-NOK...it is German. If you are non American, you get almost free electricity in America?

Freudenberg-NOK is the Americas joint venture partnership between Freudenberg & Co. in Germany and NOK Corp. in Japan. Freudenberg-NOK, the leading producer of advanced sealing and vibration control products, has reached a significant milestone as the company celebrates its 20th anniversary.
Anemone

North Pomfret, VT

#56 Aug 18, 2009
Does anyone else think that Mike Mulligan is Dr. Doofenschmirtz from the Disney Channel's, "Phinas and Ferb"?
mike mulligan

Roslindale, MA

#57 Aug 18, 2009
You know how I know when you are losing, is when you start calling me names. You just cant compete with me intellectually. Calling me names is easy.
Anemone

North Pomfret, VT

#58 Aug 18, 2009
It was meant as a compliment.
mike mulligan

Roslindale, MA

#59 Aug 18, 2009
Don't you think I knew that.
Mike Mulligan

Roslindale, MA

#60 Aug 19, 2009
Mike Mulligan wrote:
<quoted text>
OK, I will frame the issue by posing a question?
Have we entered a unprecedented and historic period of electric grid and home electric price and cost deflation...I am talk a huge utility deflation? As a national policy, should we artificially support the price of electricity through our governmental and private regulators? To much debt and no demand to waht we are choaking on??
You remember the 1930 depression...where we were pouring good milk in ditches in a effort to support the price of milk. Should we pour electricity in ditches today in order to support the price of electricity?
Mike
There it is.

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