CPN: Calpine Corporation Message Board

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Gold/Mining/Energy : CPN: Calpine Corporation

FRO 23.76

+0.1%

1:44 PM EST

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To: Softechie who wrote (340)	2/24/2002 4:57:53 PM
From: Hawkmoon	Read Replies (1) of 555

"A lot of you were the recipients of these flawed contracts,"..."As governor I'll sit you down and renegotiate these contracts....I want you to be successful, but not on the backs of Californians." Sounds like a good idea. It will be tough on companies like CPN, but maybe much of this inevitability has already been factored in. And this is certainly the case if Enron can be shown to have been involved in market manipulation that permitted other producers to excessively profit on their contracts. It's just too bad that California permitted such a situation to occur in the first place by limiting power production in the state, but they may have the last laugh. Hawk

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