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Old 03-22-2002, 11:20 AM
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Default Recipe for disaster



In the last month the short open interest in CPN

(Calpine) has climbed from approx 70M to 89M

shares.The total amount of shares is only 305M.

All the shares shorted in the last month would have been sold under $12.00 The price of CPN is presently about $14.60

Any thoughts stock traders?


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