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Gold/Mining/Energy : Calpine Corp (CPN)
CPN 15.250.0%Mar 9 4:00 PM EST

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To: Howard R. Hansen who wrote (54)9/25/2000 9:09:17 AM
From: Lynn   of 80
 
RESEARCH ALERT-DLJ raises Calpine estimate

NEW YORK, Sept 25 (Reuters) - Donaldson Lufkin & Jenrette said Monday
analyst A. Agha has raised 2000 and 2001 earnings per share estimates for
Calpine Corp. (NYSE:CPN - news) to $1.70 and $1.95 from $1.40 and $1.70,
respectively.

-- Stock's target price was raised to $113 from $106 and buy rating reiterated.

-- said actions due primarily to higher power price realisations.

The independent power producer's stock traded at a record high of $103-1/2 last Monday and Tuesday, then
dropped to $91 Thursday before recovering Friday to close at $96-7/16.

biz.yahoo.com

BTW, Howard, I agree with Ron's pointers for information. Other than Ron's suggestions [where I go, too] I use the research sections over at ML. Although one must be a ML client to access this [after a free, one month trial], ML has dropped their minimum to open an account from $20,000 to $2,000.

Regards,

Lynn
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