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Gold/Mining/Energy : CPN: Calpine Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Karin who wrote (93)8/1/2001 4:47:23 PM
From: Daniel G. DeBusschere  Read Replies (1) | Respond to of 555
 
The fact that all the Governor's staff was buying CPN and the Indian Reservation coup said to hell with all the generator scam, I am buying back my CPN stake that I sold when then legislature first introduced the excess profits bill. So I did buy it back today. Fundamentally its a very good price for a dam good company. Their growth in megawatt generation is over 65% compounded annually for the next five years and they are the low cost producer. So a 50% annual price appreciation is real minus all the political shit that will be directed at the industry and the part that sticks to CPN.