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To: Benny Baga who wrote (6915)	8/18/1998 8:07:00 PM
From: TLindt	Respond to of 8545

>>>...I was being slightly bullish using the 16 cents instead of the 12 cents ;-) I remember one thing....they could have delayed necessary investments to hit the target of .32...maybe true or not? We aren't on that fork in the road to please the analysts, or the street. The down draft from peak cost Pete about 120 Million personally on paper to take this path to meet the needs of the bank customers coming on line. Tells me one very important thing, If he is willing to kiss 120 Million away personally to get this job done, then this is a job that needs to get done now.....not next year. After all what good is it to be an electric utility with no transmition lines to customers? Doesn't matter if you have a state of the art facility which can process at a lower cost if you have no customers... To meet the origional .32 estimate and foresake the customer would be a sell out to all of us. BTW...I still feel that this company will make $13 a share in earnings in 2005.