It's not good.  Davis wants to cut the price caps in half.  He believes you 
need to keep the utilities in good financial shape or there won't be any 
"California-based companies to invest in generation and transmission." And he 
wants "CA companies to determine the destiny of CA consumers".  All this 
sounds pretty bad to me. 
---------------------- Forwarded by Susan J Mara/SFO/EES on 10/02/2000 11:08 
PM ---------------------------


US Publishing <season@restructuringtoday.com> on 10/02/2000 09:07:48 PM
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Subject: Restructuring Today, Tuesday October 3, 2000


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