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To: Bucky Katt who wrote (8395)	4/6/2001 12:59:34 PM
From: xcr600	Read Replies (1) \| Respond to of 13094

12:29 ET PG&E Corp (PCG) 11.36 -0.02 (0.2%): -- Update -- Stock halted on news that California utility has filed for bankruptcy protection. Issues to watch in response to this news include fellow Cal utility Edison International (EIX), as well as suppliers such as wholesale energy providers DKE, ENE, WMB Any idea who's holding the most worthless paper of their's?

To: Bucky Katt who wrote (8395)	4/6/2001 1:56:46 PM
From: James Strauss	Read Replies (2) \| Respond to of 13094

Jim, we talked about Pacific Gas & Electric and possible bk, they just filed bk for one of their gas units in Calif....>Turn out the lights< I did say at the time we were talking about it to stay away from the long side.. Wow... I didn't think Gov. Gray Davis would let it happen... Surprisingly, the market is holding up well, considering this news and its future implications... finance.yahoo.com This may be part of the final flurry of doomsday reports that we see at a bottom... In steps the FED???? Jim