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.

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

To: Softechie who wrote (370)	2/26/2002 5:11:40 PM
From: Winkman777	Read Replies (1) \| Respond to of 555

<<I have bad feelings about Calpine.>> It is scary, but often a good idea to buy at point of maximum fear. I hope that the S&P mistaken release is the actual outcome. Sure bond holders probably get hurt some more. But much of that is already discounted into the bond prices. 2 bil gets CPN into 2004 with no liquidity problems. In the long run it is hard to bet against the IPP with the most efficient plants. I trimmed some drillers, and am now unreasonably into MIR and CPN. Still have a lot of cash to back up puts (sold 200 more contracts on CPN early today). Enronitis will gradually dissipate. GNP will rise out of recession. Demand for Elec power will go up with it. Spark spreads up a lot today: online.wsj.com Take care all. Winkman