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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Road Walker who wrote (125609)	1/19/2001 2:37:48 PM
From: Jim McMannis	Read Replies (1) of 186894

John, RE:"Well, you could say that the people of California elected politicians who, under the guise of deregulation, allowed the cost of energy to their utilities to rise, but fixed the price the utilities could charge. Selfish and stupid, and a sure path to bankruptcy. Then the people of California said "not in my backyard" to increasing power capacity, guaranteeing that they would have to depend on outside sources. None of those messy power plants for us Californians, we'll let people from other states have that stuff in their backyards. It's the ultimate expression of the me generation in the me first state. Take but don't invest. And California is getting everything they deserve. It's unfortunate that future generations will have to pay for the selfishness of current California residents." To quote another poster...Why the blatant jealosy of California? Did the love of your life marry someone from California? LOL jajajaja Of course 99% of Californians will claim they never voted in the politicians that made those laws... Back then I think the secret hope was that they could create some kind of Ecotopia by limiting potentially bad environmental things like Nuclear Power (I remember Diablo Canyon, some of my colleages did the environmental studies) and even limit growth. Apparently their kids didn't see it all that way... Sad thing is I own Edison Intl. stock... Jim

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