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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: Clement who wrote (190)12/13/2001 10:33:50 PM
From: ptanner  Read Replies (1) of 555
 
Clement, Thank you for the Q&A CC notes. I was able to listen to most of the call and started a position in CPN near Tuesday's low (and was away from the computer so didn't have to bear through Wednesday's roller coaster).

It seemed clear that many of the questions clearly did not understand the nature of CPN's business and that "hedging" is seen as a gamble rather than as a means to reduce risk.

-PT
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