Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (47333)	2/1/2002 9:45:36 AM
From: T L Comiskey	Respond to of 65232

L...here's a post from the cpn thread... wander over and read a bit if you are interested T To: who started this subject From: aerosappy Thursday, Jan 31, 2002 1:41 PM View Replies (2) \| Respond to of 262 CPN and MIR conference calls This morning I jumped between conference calls hosted by both Calpine and Mirant. The CEO and CFO of Mirant said the following: 1. EPS in 2002 will be $1.60 to $1.70, reflecting the new plan to cut back. 2. MIR will not need to access either the debt or equity markets during the next five years. 3. Restoring investment grade is essential, and negotiations / discussions are in process. From a TA view, Mirant sucks. But from a pure FA view, at less than 6 times current year EPS, MIR looks like a buy. Calpine also does not look good from a TA view, but like MIR it trades at a P/E of less that 6 times current year EPS. Management outlined liquidity enhancement programs; construction loan revolving lines of credit are sufficient through mid-2003. Like MIR, CPN is focused on restoring its investment grade debt rating. At $24, DYN trades at 12.6 times EPS ttm, and about 10.7 times current year EPS.