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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.33+0.2%Nov 5 3:59 PM EST

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To: Copperfield who wrote (483)2/12/2003 11:28:35 PM
From: Jerome  Read Replies (1) of 555
 
Speculation on Calpine's earnings...

I estimate about .38 cents in earnings for the quarter.

But the important part is the street's response. I suspect that no matter what Calpine reports there will be a sell off on the open. Some analyst bashers will find fault with the report no matter what is said in a positive manner by the company. Mr. Cramer from the Street.com will add his negative outlook to enhance his short position.

But in the end the longs will win because Calpine is making money and staying well ahead of the pack of other IPP's.

JMO....Jerome
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