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To: chic_hearne who wrote (58922)	1/17/2001 5:59:56 PM
From: UnBelievable	Respond to of 436258

But Didn't JPM Say That It Considered All Of Its PGE Paper as Good As Gold <gg>

To: chic_hearne who wrote (58922)	1/17/2001 6:01:52 PM
From: Archie Meeties	Respond to of 436258

PG&E <PCG.N> declared "Uncommon Value" by Maria Bartiromo and LEH. -g-

To: chic_hearne who wrote (58922)	1/17/2001 6:03:03 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 436258

That is GOOD news! Now those utility companies won't have to worry about esoteric things like "debt" and "credit ratings." This will give more free time to the execs who can more wisely focus their efforts into telling us how their stocks are going to go UP, since they don't have to repay any of that pesky debt! BUY BUY BUY! Also, who needs power in California. Just because the "new economy" is all based and run out of California doesn't mean anything. They can get by without electricity just fine. Besides, most of these new economy stocks will GO HIGHER if the companies cease operation, as they won't have to spend money on things like electricity or salaries. The remaining execs can focus on more important things like PUMPING THE STOCK PRICE ON CNBC! ----------------------------- PG&E <PCG.N> SAYS BANK LENDERS REFUSED PACIFIC G&E BORROWING REQUEST ON JAN 16 PG&E <PCG.N> SAYS PACIFIC G&E DEFAULTED ON $33 MLN COMMERCIAL PAPER DUE JAN 17 PG&E <PCG.N> SAYS IN DEFAULT OF $850 MLN CREDIT LINE BECAUSE OF RTG DOWNGRADES