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Re: Joe Stocks post# 318269

Wednesday, 11/03/2004 1:40:59 PM

Wednesday, November 03, 2004 1:40:59 PM

Post# of 704047
IS CPN a vulture meal or just fly bait? I noticed it spiraling down a while ago and did a little DD. $18 billion in debt was the first item I saw. Then, as an energy company they could be getting killed by high oil/gas to run their power plants if they can't pass it thru to the customers.

Decided to wait on it and see if they can service the debt for a few quarters. If they can't chapter 11 looms.

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