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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (67943)5/16/2002 1:04:41 AM
From: Softechie  Respond to of 99280
 
But they don't need to now...$1.2B cash and pay up $600M if ratings downgraded...that leaves $600M cash. Calpine was the worst and I couldn't believe it didn't go down in history.



To: Smart_Money who wrote (67943)5/16/2002 1:08:39 AM
From: Softechie  Respond to of 99280
 
After this fiasco, energy traders will probably be the cleanest of all companies. They're going through everything with a fined toothcomb. I can't wait for them to turn spotlight on techs and see how they cook the books like CRISCO and IBM for instance...can't wait...