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Mirant sees soft profits in July-August trading

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ATLANTA - Energy trader Mirant Corporation missed its profit goals for 2002 because it had weak financial results in July and August. <br> <br> Chief executive Marce Fuller says poor market conditions have hampered Mirant&#39;s ability to leverage its generation and trading assets. <br> <br> The company is about 20 cents a share below its internal estimates. It had a goal of achieving 2002 profits of a $1.60-$1.70 per share.
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