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Strategies & Market Trends : Value Investing
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To: Michael Burry who started this subject4/13/2004 2:18:23 PM
From: cpabobp   of 78984
 
CPN - Calpine
This one has left me on the fence. I think their debt levels are awful. Free cash flow stinks. But it's trading at relatively low Price/sales, price/book. Then again I really don't understand their industry and how much of their assets are true.

Anyone want to shed some light on CPN?

Bob
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