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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (10972)	4/16/2001 3:49:19 PM
From: MikeM54321	Read Replies (3) \| Respond to of 12823

"Mike, it could be that by 2005, you guys will be laughing, and I will be crying." Jim- If capex does not return (to any telecom sector), I'll be in there crying with you to as I've remained 100% invested during the debacle. I probably should have made this clear earlier. So it's my hope that my/the prevailing thought(I guess you mean it's negative) is wrong too! -MikeM(From Florida)

To: axial who wrote (10972)	4/16/2001 7:37:41 PM
From: rr_burns	Respond to of 12823

OT: tech wreck --> energy wreck next? Just saw this. infobeat.com Any tech money that moved to energy sector last year may regret it. IMHO, This is going to take forever to sort out. How "real" will those sky high energy prices/revenues turn out to be i wonder? The last energy mile , and the last telco mile: both are in disarray. >>>>>>>>>>>> InfoBeat - Enron says PG&E owes It millions HOUSTON (AP) - Enron Corp. says the utility Pacific Gas & Electric Co. owes the energy company $570 million, according to a letter to the utility's bankruptcy trustee. Mark Palmer, an Enron spokesman in Houston, said the company has taken adequate reserves to protect its balance sheet against any outstanding debts owed it by Pacific Gas & Electric. But Enron's disclosure was the first indication of how much the West coast utility owes the Houston company. Enron was one of the companies named late Wednesday to the creditors' committee for San Francisco-based Pacific Gas & Electric's Chapter 11 bankruptcy case. The committee represents the parties with the largest claims in a bankruptcy case. Enron officials cited the utility's upaid debt to secure a seat on the committee appointed by U.S. Trustee Linda Stanley, a Justice Department official. A week ago, Pacific Gas & Electric filed for bankruptcy protection because negotiations with California over how to resolve the state's power crisis were going nowhere. Pacific Gas & Electric sells electricity and natural gas to the San Francisco and Northern California areas. Earlier this week, a federal judge ordered Enron to keep supplying low-cost power to California's state university systems after Enron tried to shift responsibility for buying the school's power to the state's troubled utilities.