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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.66-0.3%Nov 7 9:30 AM EST

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To: Roger A. Babb who wrote (181)12/12/2001 8:20:50 PM
From: inesa  Read Replies (1) of 555
 
Roger,

Perhaps it's wishful thinking on my part but I think your pronouncing the deregulation movement "dead" is too much. I think it is fairly common knowledge among those who care to know that California's energy market was never truly deregulated. Similar trip ups have occurred in other industries when the deregulation movement takes hold. Eventually things settle down for the Free Market to work its wonders.

Inesa
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