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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 24.09+1.8%Nov 10 3:59 PM EST

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To: Patricia Smith who wrote (17)2/13/2001 2:08:03 PM
From: Daniel G. DeBusschere   of 555
 
Calpine has their special announcement on audio playback. You can get to it by clicking on an icon at the bottom of their corporate web page www.calpine.com I believe. They talk about the California fixed price deal, the acquisition of Encal - the Canadian P&E company, the shelf registration that raised a lot of money, and their 5 year expansion plan. The 5 year plan caused me to go long big time. It's a compounded rate of growth of around 64%. It looks like these guys and gals have the knowledge and resources to pull this off with little downside risk. Do your own due diligence however so I recommend you listen to the special announcement dated last friday.
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