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[sharechat] CEN

From:	"Michael Gore" <michgore@paradise.net.nz>
Date:	Wed, 13 Jun 2001 11:11:04 +1200

In the news I see talk of low levels of South Island hydro lakes and high wholesale electricity prices. Today I read that NIWA scientists are confirming their prediction of a few months back of a warm winter despite the recent cold snap. Can anyone explain to me what effect these factors have on Contact Energy's bottom line? I had thought that a cold winter plus full hydro lakes equals good business for CEN. regards Michael

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