CPN: Calpine Corporation Message Board

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Gold/Mining/Energy : CPN: Calpine Corporation

FRO 23.66

-0.3%

Nov 7 3:59 PM EST

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To: Karin who wrote (93)	8/1/2001 4:47:23 PM
From: Daniel G. DeBusschere	Read Replies (1) of 555

The fact that all the Governor's staff was buying CPN and the Indian Reservation coup said to hell with all the generator scam, I am buying back my CPN stake that I sold when then legislature first introduced the excess profits bill. So I did buy it back today. Fundamentally its a very good price for a dam good company. Their growth in megawatt generation is over 65% compounded annually for the next five years and they are the low cost producer. So a 50% annual price appreciation is real minus all the political shit that will be directed at the industry and the part that sticks to CPN.

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