Brian Acker, CA TransCanada Pipelines Pref Y TCA.PR.Y-T DON'T BUY Sep 20, 2007

Don’t like. 9% negative differential.

Brian Acker, CA

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$51.190

Stock price when the opinion was issued

gas pipelines

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COMMENT

In construction mode. Less volatile, but slower growth. Getting more of revenue stream from alternative energy.

BUY

Has made acquisition out of their keystone project to create growth. The approval from Nebraska courts will be favourable for them. Would continue to hold.

HOLD

Believes company will remain strong for long period of time regardless of Federal government policy. Company expanding into renewables. Traditional oil & gas demand not going away. Good company to own.

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Brian Acker, CA TransCanada Pipelines Pref Y TCA.PR.Y-T DON'T BUY Sep 20, 2007

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