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To: Cynic 2005 who wrote (41189)11/27/2000 7:15:19 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
wouldn't it be great if they had an accounting blow-up right here and now, after eager dipsters load up on the SnP news? too much to ask probably...



To: Cynic 2005 who wrote (41189)11/27/2000 7:23:04 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Sorry guys! Forewarned is forearmed, etc.

Probably a good opportunity to "lighten up" for those of us not yet on board the CPN short line railroad....



To: Cynic 2005 who wrote (41189)11/28/2000 2:11:10 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
why so bearish on CPN? They build their CT and CCs to sell energy into the market or the plants when they find they aren't going to be profitable in the long-run ...

They command a sizable multiple compared to an IOU, U say?

Seriously, I wouldn't be bearish on them simply because nat gas prices are through the roof with no end in sight -- it is all about how they are positioned versus other players.

Don't get me wrong -- I think they multiple is too high, but nat gas prices is not the reason to be bearish on them.

Are you pooting Enron, too -- what else do you hate in this sector and why?