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To: pater tenebrarum who wrote (53050)	1/2/2001 9:03:16 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<FERC is right: capping prices does exactly NOTHING to ensure adequate supplies.>> I agree, and this is blowing up into a major regional issue in the western states. One of the newly elected Corporation Commissioners (Marc Spitzer) was sworn in today, and commented on the Cali energy crisis, basically vowing that he would not let "California's problem become Arizona's problem" or words to that effect. The threat of legalized "power robbery" by those who refused to plan (power "debtors" like California) from those who DID plan (power suppliers like Arizona/Nevada/Oregon et. al) is very real in these parts.

To: pater tenebrarum who wrote (53050)	1/2/2001 9:23:03 PM
From: fedhead	Read Replies (2) \| Respond to of 436258

A couple of positives in today's action 1. Contraction in new lows on the NAZDAQ when it hit 2300 the previous time. 2. Lighter volume on the NAZDAQ. 3. Semi equipment stocks like AMAT, NVLS etc were up today. Could we be forming a double bottom on the NAZDAQ ? Anindo

To: pater tenebrarum who wrote (53050)	1/2/2001 9:25:37 PM
From: fedhead	Read Replies (3) \| Respond to of 436258

Another positive Cramer asking people to get out of the high multiple tech like Brocade etc. reminds me of a call he made to get out of stocks at the bottom in 1998. Thanks Anindo