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Post# of 704044
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Joe Stocks

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Joe Stocks

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Re: osprey post# 318290

Wednesday, 11/03/2004 1:59:34 PM

Wednesday, November 03, 2004 1:59:34 PM

Post# of 704044
CPN- $18 bil in debt? It takes a lot to build new energy efficient power plants. Projected revenues for this quarter are suppose to be up a $1 bil to $3.69 bil. The company is selling for .23 times book. I see it in much better shape than Mirant that filed bk. Cash flow positive from operations 3 of the last 4 quarters.

45% of the float is short which could drive prices higher fast if a positive report comes out.

Joe

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