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To: Larry S. who wrote (38933)	3/20/2002 4:07:38 AM
From: Larry S.	Respond to of 53068

bloomberg on IPPs (Independent Power Producers: "Power Producers Climb Power producers and traders advanced on speculation the cancellation of billions of dollars in power-plant projects in recent months will cause electricity shortages for California and other parts of the U.S. as the economy recovers, boosting prices. ``We're going to need the power plants'' that companies are now shelving, Federal Energy Regulatory Commission Chairman Pat Wood said earlier this month. Calpine Corp. rose 38 cents to $13.75, AES Corp. gained 37 cents to $9.17, Mirant Corp. advanced 54 cents to $13.80. Each has jumped by more than half this month, after plunging earlier in the year on concern about their accounting practices and debt. full article: bloomberg.com