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To: bambs who wrote (46043)1/5/2001 12:33:09 PM
From: The Phoenix  Respond to of 77400
 
Not much new there.... I think this is fairly well known and was expected. No surprise.

The banks exposure to debt from CLEC's and now the utilities however is something to watch. Looks like the Cal State Government (read taxpayers) are going to bail out the utilities... the CLEC debt I believe is a non-issue.

We shall see. So far this pullback is textbook stuff..... that is IF we don't print 2350.

OG