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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Don Miller who wrote (1425)3/23/2001 2:42:10 PM
From: The Reaper  Read Replies (1) of 1805
 
DM, I agree that deregulation is a CA thing....for now. However, had this crisis not materialized here during the last six months and wakened everyone up to the fact that electricity/energy is not a god given right, an even more severe country-wide power shortage may have occurred shoving an even worse recession down our throats. Think of my state as a test case for businesses to cope with an energy shock the magnitude of which has never been felt before. It very nearly put us and others my size out of business. Even though it's a California problem, help from the Feds would be appreciated and I think since we're still part of the Union the last time I checked, the Feds should help somehow as we were the guinea pigs and the entire country could sit back and watch what happened. I know of other state governor's have already pushed back their plans to deregulate based on our troubles here. Maybe we should bill the other state's for consulting fees?

kirby
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