Stockchase Opinions

John McCollCalpine CorpCPNDON'T BUYMar 07, 2002

Extremely volatile. Very speculative. Watch.
$12.07

Stock price when the opinion was issued

$15.25

As of Apr 30, 2018. Market Open.

electricalelectronic
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

TRADE
Pretty rocky road over the last year or so. Paying down their debt and sold off a buch of assets. Might be a survivor.
TRADE
Model price is $1.75.
DON'T BUY
Chart looks like it's starting to improve, but it still has a ways to go technically before it gets exciting.
DON'T BUY
Not a fan. Have done a lot of things right over the last year giving them about $2.5 billion of liquidity at year's end. Concerned with how they will finance their gas plants they are building. Margins will come under pressure.
TOP PICK
SHORT
Just announced a $.17 loss for the quarter and gave guidance to break even for the year. Doesn't have a lot of optimism with this company.
BUY
Has restructured its balance sheets significantly. As deregulated power in the US begins to recover, there should be some upside in the next 2/3 years. Risky.
SELL
Doesn't see it rebounding anytime soon. It’s a merchant power plant constructor and operator. There is now too much supply in the US coming on stream all at the wrong time. Spreads have been collapsing. Large debt.
DON'T BUY
Very speculative investment. Could have a little bit of upside, but expect liquidity issues in the fourth quarter of 2004 when they have a $2 1/2-billion convertible bond due.
BUY
Refinancing of debt has benefited them. Some risks.
HOLD
Got tarred with the same brush as Enron. Have some excellent generation assets. Natural gas shortage is a problem. Easy money has been made.
BUY
Has more confidence in them now.
WEAK BUY
Seem to be coming back and looks like they will be able to make their payments.
DON'T BUY
Has a lot of debt. Great assets. Volatile.
WEAK BUY
Very cheap. Could double in 5 years, but there are some litigation problems.