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To: pater tenebrarum who wrote (51646)	12/27/2000 3:42:10 PM
From: yard_man	Read Replies (2) \| Respond to of 436258

wasn't considering a stock purchase here -- just commenting on the FERC being very dumb to set the temporay cap on energy prices so low -- $150/MWh --- why would anyone want to continue trading on the exchange -- even if other xchanges didn't exist -- I'm sure it would encourage the rapid development of bilateral contracts outside the exchange ... all I'm saying is I agree with the article -- such agressive caps won't work biz.yahoo.com they are squeezed on both ends -- ratemaking process that doesn't allow for the market reality and sales of excess energy capped -- worst of both worlds