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Joe Stocks

10/15/04 10:59 AM

#310222 RE: skono4 #309937

Skono, CPN- yes I think it is a buy even if Bush gets back in. I think there is a place for CPN along with those producers that use coal. As I said earlier, I am looking more at the value of the underlying assets than the short term earnings prospects. If you go back way back on these boards I think you will see that I was very negative on CPN and got out in the 5's as I recall. I suggested then that we could have a great buying op as the debt due came closer at the end of the year. Well, they resolved those year end issues but the stock continued down. I was hoping it would bounce at $3 and bought a few there, early as it played out.