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Dynegy Inc. Message Board

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  • investindyn investindyn Nov 22, 2002 11:50 PM Flag

    Cool viper x

    Cool Viper X - Great post and I agree with your reasoning per CVX & DYN. Does $3 represent your 1-year price target for DYN?

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    • Hey, thanks for the support. I honestly project $3-$5/share (1-year target) as I think BW is going to amaze us with his ability to cut the total debt in half quickly during 2003. It's obvious he's on a mission, borderline obsessed with taking this down. Smart man, it's a no brainer, take care of the debt and everything else magically falls into place. I think we're going to see some excellent earnings numbers in 2003, I think minimum we will see is $3-$5 range. It will also be sustainable, it will continue to grow, it will pay a dividend. Maybe I'm crazy, I think not, this is pretty much guranteed money for cheap right now. Only obstacle to not forget is legal issues, that's about the only thing to slow the momentum. On that front I expect at most a slap on the wrist. JMHO

      Good luck,

      Cool Viper

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