Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ru2 who wrote (65467)	1/2/2001 8:47:05 AM
From: flatsville	Read Replies (1) \| Respond to of 99985

Alternative media is turning out reports that rather than going broke the electric companies made a fortune from deregulation and the profits are in shell companies that they sold the electricity to and then bought the electricity back from at gouge prices. ru2- About a year and a half ago I tried to research one of these companies. This was not a CA company, but one set-up in anticipation of dereg on the East Coast? (It's been a while ago.) An industry insider (I've since lost communication with) told me there was no company per se. He said many of these companies were a name, a largely empty office and a guy with a phone. In his opinion these companies would act more like brokers, "brokering-up" the price of electricity to the end user. To be honest, I didn't have enough backround in dereg issues to ask enough questions or truly comprehend what he was telling me. I'm starting to get it now. If you've got a url for one of the alternative media articles or print reference please post. (Sorry for the delayed response. Left town for extended New Year's vacation.)