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


To: jason who wrote (439)9/11/2002 8:28:38 AM
From: Jerome  Read Replies (1) | Respond to of 555
 
Jason, thanks for the analysis. I have noticed that many of these utility companies are doing a lot to shore up their financial positions. And for the most part it is being ignored by the analysts and the investing public. It seems these days that every reaction is an over reaction.

Jerome



To: jason who wrote (439)9/11/2002 4:01:49 PM
From: Bridge Player  Respond to of 555
 
<<it is critical that the company sell more assets to shore up its balance sheet, and to cancel or at least postpone its overly aggressive power plant construction programs.>>

As I understand it, Calpine has already announced that this is exactly what they are in the process of doing.