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Re: [sharechat] CEN

From:	"John & Robyn Armstrong" <jofra@es.co.nz>
Date:	Wed, 13 Jun 2001 14:16:33 +1200

Regarding your last sentence. I understand the lakes are low at the moment. The snow falling in the hills at the moment will help the supply in spring.

regards

John

----- Original Message -----

From: Michael Gore

To: sharechat

Sent: Wednesday, June 13, 2001 11:11 AM

Subject: [sharechat] CEN

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

References

[sharechat] CEN Michael Gore

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