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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.66-0.3%Nov 7 9:30 AM EST
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To: Don S.Boller who wrote (161)12/8/2001 5:01:13 AM
From: Raymond Duray  Read Replies (1) of 555
 
MARK TO MARKET pricing issue for energy trading companies.

Hi Don,

I found this article to be germane to the issue of valuing CPN's earnings. As can be seen, there's a lot of murk (and maybe some mirth?) in financial statements of the IPPs and power marketers.

Message 16746011

Ciao!
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