M454 - a little off subject

[Edward H. Lybarger]

Allegheny Energy, formerly Allegheny Power, formerly West Penn Electric Co.,
has always been a good dividend generator.  West Penn Power, Monongahela
Power and Potomac Edison are all wholly-owned subsidiaries.  I have some
that I bought at 22, and some more that was purchased at 26.  Now it's
considered to be a growth stock at 43.  Needless to say, I continue to be
pleased with this company!  They also sell me electricity, and at the lowest
cost of any Pennsylvania provider.

Ed

-----Original Message-----
From: owner-pittsburgh-railways at dementia.org
[mailto:owner-pittsburgh-railways at dementia.org]On Behalf Of
AProchek at aol.com
Sent: Tuesday, January 02, 2001 12:24 PM
To: pittsburgh-railways at dementia.org
Subject: RE: M454 - a little off subject


I started to divest into energy before the crash but too little.  I even
knew
it was too little beforehand but I had just redid my portfolio a few months
before and didn't want to play around too much.  How does this fit into a
trolley post?  I discovered Allegheny Energy, a 2 billion company with
phenominal performance over the last few months, and it probably has some
holdings in West Penn. Unfortunately I can't buy it because I'm not going to
take a huge loss in my other stocks for what I consider a short term crash,
but I hope someone else can use the tip.

Regards
Alex