Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (179802)	7/15/2002 7:30:11 AM
From: TheStockFairy	Read Replies (1) \| Respond to of 436258

Someone help me with this whole energy thing PLEASE! When this finally gets passed: (It's a bill to basically repeal PUCHA, which restricts holding companies for energy utility providers power to consolodate businesses and diversify outside of energy...big news for W's buddies. Now they can go hog wild, 1999 telecom style with acquisitions) Tuesday, April 24, 2001 COMMITTEE VOTES TO REPEAL PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 The Committee on Banking, Housing and Urban Affairs voted today, 19-1, to approve S.206, the Public Utility Holding Company Act of 2001. The sent this to the House of Reps and it is currently under review by the finance comm. frwebgate.access.gpo.gov That committee is lead by: Congressman Oxley is serving his tenth term in the House of Representatives and is Chairman of the new House Committee on Financial Services. Who leads: He leads 37 Republicans, 32 Democrats, and 1 Independent And then it gets sent to Bush, who you know is going to pass it. Then, won't companies like: Duke Energy Co. DUK Southern Co. SO Dominion Resources, Inc. D Buy smaller energy providers like: FirstEnergy Corp. FE FPL Group FPL Am I on crack thinking that these guys are going to go on huge buying binges and then crash and burn in a few years?