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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (28372)	11/6/1997 10:48:00 AM
From: NYBellBoy	Respond to of 31386

Pat - Et Tui, Pat? (And you too, Pat.) Only kidding :) [RBOCs] <<<As a result, they were encouraged to overbuild infrastructure, and have 10 years of spare parts for switches and such, because the more $$$ tied up there, the more they would be allowed to earn.>>> Reminds me of the logic of that cartoon where the wife is staring at her checkbook and saying to her husband, "What do you mean we're out of money???? I still have checks left!!" <g> Pat I know the regulatory system for telephony is ridiculous. To explain further, the old Bell System would file a Rate Case when the service deterioriated and the PSC could no longer hold back rate increases. Then the Engineers would start the rate case process stating what equipment they would buy. They would buy the best equipment they could buy and as many spare parts as possible in return for guarantees of service improvement. Crazy, but the Bell System worked for many years. :) BellBoy