Gordon Howald Quotations

Maybe there's a little bit of a trend here.

If they can put the hurricane restoration issue behind them, that would be a huge positive for the company.

I wouldn't be surprised to see a change in the price. The offer terms might need to be changed.

I think most of the concerns for this industry have been factored into these stocks already as power prices have come down. But as you look longer-term...growth for these companies will be slowing.

We wouldn't be surprised if there was interest from some of the large European utilities.

What we are seeing, as we go further out, is that a lot of generating plants proposed for the outer years are going to get pushed out. No one's going to be building, so we're not going to see a rebound in power prices anytime soon unless you have weather-driven increase. Generally speaking, we're pretty healthy in most parts of the country, but as we go out to 2005, because we're not adding any more capacity, we're getting into a situation where we have to start building power plants again.

These kinds of things generally are temporary -- you should get regulatory relief for a lot of this, ... This happens to be one of the strongest utilities from a balance sheet perspective out there. If it had to happen to someone it's probably better that it happened to a company as financially strong as Entergy.

The industry was in turmoil a couple years ago, involved in marketing and trading energy. About a year ago, that process was finished. Companies just don't sit around and do nothing.