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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: David Lee Smith who wrote (39135)	12/22/2000 6:02:52 PM
From: Jack T. Pearson	Read Replies (3) \| Respond to of 42787

We have a real mess here in California. The Public Utilities Commission, under pressure from the public, held down rates for so long that few power generation or distribution investments could be made by the utilities. Power generation and distribution facilities are now marginal--they can't even take generation off line for maintenance during the peak times of summer and winter. Any problem causes a rolling blackout. We are just about to find out the real market price of power (Price at which supply = demand). Every indication is that the market price will be 3 x the current price. The utilities that buy and distribute power have been going in the hole billions of dollars because they haven't been able to raise prices. The politicians are up a creek they and we, the public, have been digging for years. Some people still think the power companies are screwing them. Economics ought to be a required subject in elementary school, middle school, high school, college, and reform school. Power is like oxygen: You take it for granted when you have plenty; panic when you don't. Bottom line, California businesses and consumers are about to see expenses jump; power generation companies will be able to name their price for years to come; the demand for peak power generation equipment will ramp up big time. Who has a list of West Coast power generation company stocks and peak power generation equipment companies?