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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (21254)8/26/2004 1:39:20 PM
From: jim_p  Read Replies (2) | Respond to of 23153
 
Kb,

I've never liked the fundamentals on CPN. They were lucky to have a number of good long term contracts before the down turn in power prices and the up turn in NG prices, but they have survived by selling off their future by cashing in the present value of those contracts today which will hurt future cash flows.

The questions is will NG prices fall (or power prices rise) enough for CPN to be profitable before they run out of time.

There would be big upside rewards if the answer is yes, but I still feel the odds are against them.

stockcharts.com[h,a]daclyiay[pc20!c10!c50!c89!c40!c30!c200!f][vc60][iut!Ub4!Ua12,26,9!Lh14,3!Lc20!Ld20!Lj[$spx]!Lf]&pref=G

What do you like about the chart??

Jim