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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (14023)	1/26/2002 7:05:40 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

<<And your point about ENE's business plan??>> Matching buyers and sellers and treating energy as a commodity and having a trading platform was good. Bearing in mind a $200 billion retail electricity marketplace. But concocting a "energy crisis" in California to cash in on it, was a bad way to start. Creating a trading platform and calling bandwidth a commodity -albeit a smaller part of its business- was a pioneer idea. But trading within itself to inflate the bandwidth trading business was a bad way to start too. It was bad executed.