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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (19242)	8/12/1999 1:29:00 PM
From: Scrapps	Respond to of 22053

Ya Maine Kitty-bunk-port or your place don't ya? You know..."Camp David".

To: David Lawrence who wrote (19242)	8/13/1999 3:56:00 PM
From: Moonray	Read Replies (3) \| Respond to of 22053

Oil Hits 22-Month High Of $21 Reuters - Friday August 13 3:25 PM ET LONDON (Reuters) - Oil prices rallied to a 22-month peak of $21 a barrel Friday, buoyed by Nigerian supply disruption, declines in U.S. oil stockpiles and OPEC output restraint. London September futures for Britain's Brent crude touched the psychological $21 level, its highest since October 9, 1997, before dropping back to close at $20.73 for a 24-cent gain. The price of oil is more than double the historic lows touched at the turn of the year following disciplined reductions in supply under a market rescue accord by the Organization of the Petroleum Exporting Countries. dailynews.yahoo.com o~~~ O

To: David Lawrence who wrote (19242)	8/17/1999 1:32:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 22053

FCC's Bell Atlantic Audit Found $800 Million in Missing Equipment; Allegheny Institute Study Finds Pennsylvania Consumers Overcharged $23.5 Million Each Year as a Result PITTSBURGH, Aug. 17 /PRNewswire/ -- Bell Atlantic has been overcharging Pennsylvania consumers more than $23.5 million each year as a result of overstating its equipment investment to regulators, according to a report by the Allegheny Institute. The report, ''The Economic Impact on Pennsylvania of FCC Audit Findings of Missing Telephone Equipment,'' released today, is based on a Federal Communications Commission audit of all seven of the nation's regional Bell operating telephone companies. The FCC audit, made public last March, stated the regional Bell companies could not account for nearly $5 billion in assets. The Allegheny Institute reports that Bell Atlantic's share of missing assets for Pennsylvania is $148.9 million. Historically, regulators have set prices for Bell Atlantic and other regulated monopolies based on their return on assets. As a result, the FCC's finding of overstated assets means that consumers have been charged excessively high prices that are unfair and unwarranted. ''Bell Atlantic's overstatement of its assets has benefited the monopoly handsomely, but it's hurt the consumer,'' said Jerry Bowyer, President of Allegheny Institute. ''It's making over $17 million more a year in profits from Pennsylvania -- a whopping 9 percent more in after-tax earnings -- than it should, while it's causing Pennsylvanians to pay higher phone prices than necessary.'' The FCC audit of the seven regional Bell operating companies found that a total of $4.8 billion in equipment was missing or otherwise not accounted for. For Bell Atlantic-South, the FCC audit found $806 million in missing equipment. Bell Atlantic-South covers Pennsylvania, Washington, D.C., Virginia, West Virginia, Delaware, New Jersey and Maryland. ''The findings in the Allegheny report point to the urgent need for Pennsylvania to move quickly to transform the current local phone monopoly market into a competitive one, where supply and demand dictate the prices for services,'' said Bowyer. The Allegheny Institute also recommends that Bell Atlantic abide by the FCC's recommendation to write off this overstated equipment immediately so consumers will not continue to be overcharged. The Allegheny Institute is a non-partisan research and educational institute whose mission is to formulate and promote public policies based on the principles of free enterprise, limited and accountable government, and individual freedoms. SOURCE: Allegheny Institute