Hi Lynn! I'm sure Calpine can earn $8/share within 5 years -- and much more if Gore is elected and it becomes illegal to tap most of our remaining oil reserves!
I had not been writing much -- but after Bush used "fuzzymath" in the first debate, I decided I had a civic duty to use that domain name (which I purchased a few months ago) to help the cause. So -- you may have noticed I've written about the election in the past few days.
In a few months I expect to be investing regularly again, so then I'll also be searching for good new stocks. In the meanwhile, we're approaching the beginning of the "November - January Effect" -- during which stocks have posted more than 50% of their gains in the past 30+ years. If Bush is elected I expect a big rally, especially with the NASDAQ sinking so low. If Gore wins, I still expect a rally of some sort -- people still get bonuses, 401K distributions, etc., and the biggest distributions are generally pumped into the stock market.
Calpine's having a few ups and downs -- but not as bad as SUNW and EMC, so far.
Kevin/fuzzymath
p.s., if you haven't already decided on who to vote for, my new site (http://www.FuzzyMath.com) has a good amount of material on why Gore might be quite bad for our country (in my opinion and that of the much-respected moderate magazine, The Economist (http://www.economist.com). Take a look at "FuzzyMath#4" for my take on the oil debate revolving around the Alaska National Wildlife Reserve. The debate is about whether 1/100 of 1 percent of the reserve (3 square miles out of 30000 square miles) should have oil wells... |
