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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 (233)1/1/2002 8:35:41 PM
From: TideGlider   of 555
 
It is good for CPN MIR etc now. Many have run the stocks into the basement and are more than pleased with themselves and want to pump them again. At least it seems a rotation back into IPPs is coming.

Look for some upgrades. That was the only purpose of the downgrades ;)

Nothing much has changed for CPN. They lowered estimates and they will be easily beaten. Then the upgrade from Morgan Stanley and so on...then of course there will be greater need fore electricity...all of a sudden the future will be important again.

Ooops...time for Moodys to recognize the strength and growth. They will blame the ENE debacle on the lack of "transparency...they upgrade and by then...CPN is heading for or crossing the 30s...

TG
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