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

To: Second_Titan who wrote (3022)4/6/2001 4:27:34 PM
From: aerosappy  Read Replies (1) | Respond to of 23153
 
CPN exposure

Quehubo, I hold a ton of CPN shares long. I had written covered calls against those shares, but still have seen a large loss in the past few hours.

PG&E owes CPN about $297 million, part of which is for Q1 2001. PG&E had previously paid down the year 2000 debt to about $172.6 million.

CPN has already started heading back up. Investors know that CPN is a key part of the solution for the CA dim-bulbs and must be paid.


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