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Non-Tech : Don't abuse it, reuse it! ARCI makes the big comeback. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Mac who wrote (27)	1/1/1999 10:02:00 PM
From: Jim Mac	Respond to of 60

I smell BK, and I don't mean "Burger King".

To: Jim Mac who wrote (27)	1/1/1999 10:07:00 PM
From: Jim Mac	Read Replies (1) \| Respond to of 60

It's obvious Edison has not renewed for a bigger 1999 contract. They were supposed to file with CA PUC in mid-November 1998, with approval by end 1998. If Edison had renewed by now for, say, $4M+, we would have heard by now, because this would be very good news. I suspect "near term" means "one quarter". Now, I doubt they'll get new financing from current lender, and will have trouble with new lenders. I also doubt Edison will happen before 99Q2. Therefore, things look bad. Time to step to the sidelines and see what happens.