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To: Ilaine who wrote (102545)	5/16/2001 9:28:07 AM
From: flatsville	Read Replies (2) \| Respond to of 436258

>>>Let's see if I've got this straight - private industry paid to build the lines but now that they are built, they don't belong to the people who built them?<<< Of course the utility still owns the lines. Your still not getting this. The reg doesn't allow the generating sub of a utility any special price considerations from the transmission sub. They could easily charge a fee that would pay for capitial costs, maintenance and a profit to boot. Their sub simply has to pay the same fee. Subs have to make it or break it on their own. Geez...truly competitive liquid markets are sooo inconvenient to capitalists. Too bad, so sad. (Remember these utes help shape the fed reg. Chompped at the bit to run free in the market place. No sympathy here if their subs can't cut it.) >>>Go right ahead - privatize the lines. Private industry will never build another one.<<< Wrong, prescient girl. It's happening now. In fact the real money might be in transmission going forward rather than generation given the constraints. Wait until some of these cos. IPO. A gas pipeline co. (strictly transmission) went IPO within the past year. Stock price has tripled? Can't remember the name but I could easily recognize it. I'll have to pay a visit to one of the ipo sites.