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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Telemarker who wrote (1085)3/7/2001 10:19:11 AM
From: Think4Yourself  Respond to of 23153
 
They have to pay for those turbines they have been buying, which ain't cheap.



To: Telemarker who wrote (1085)3/7/2001 4:11:20 PM
From: Sharp_End_Of_Drill  Respond to of 23153
 
Telemarker,

<<<<Why aren't IPPs, UTEs and other large, long term gas users tripping over themselves to acquire the E&Ps at these valuations - especially when long term gas purchase contracts are being openly discussed?? Starting to think I'm really missing something here.>>>>

Some are. I heard a story from Calpine about buying E&P's, selling the oil & gas forward for I believe he said three or four years, which totally paid off the cost of the acquisition.

I haven't verified the math, but if you can do that I don't see why more people aren't.

Sharp