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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (56973)	1/11/2001 12:52:18 PM
From: Ilaine	Read Replies (3) \| Respond to of 436258

Negotiators appear close to hammering out a deal for the California utility cos. - looks like they will cap wholesale prices at 5 1/2 cents per kilowatt hour, even though the price is expected to drop well below that - to allow them to recoup their losses. FWIW, I don't really expect them to go belly-up, they have the upper hand in the negotiations - the alternative of no electricity is really unthinkable. Once a deal is brokered, won't there be a rally? latimes.com