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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (6040)	4/3/2001 1:36:29 PM
From: Libbyt	Read Replies (2) \| Respond to of 57684

>>The energy crisis or potential crisis will pass as the economic situation will demand less energy and more supply will come on line.<< Maybe my perception is different than others, but IMO the California energy crisis will have an effect on our entire economy. It really seems to be a true crisis....and the blame IMO goes to the problems with deregulation, and California politicians who just don't seem able to make some quick decisions and take the necessary steps to solve this problem. I don't know anyone who hasn't made a significant effort to reduce their energy use....but we are still having days with Stage 2 or Stage 3 alerts. At this time of year, a lack of power shouldn't be a problem....something we've only heard about in the past during days with record heat. The lack of power, and the enormous increase in the power rates may force some small businesses into bankruptcy. I don't know what would have to happen for them to cut immediately. Imagining them doing anything smart is impossible right now. LOL! I agree.....they just don't seem to understand "the big picture". Some of the analysts who seemed to be so negative about any technology stocks, now seem to have "changed their tune" as they see the tech meltdown starting to have an effect on the "old economy" stocks.