[33637] in North American Network Operators' Group

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RE: Second day of rolling blackouts starts

daemon@ATHENA.MIT.EDU (Derek J. Balling)
Thu Jan 18 14:28:33 2001

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Date: Thu, 18 Jan 2001 11:22:16 -0800
To: matthew@tycho.net (Matthew Kaufman)
From: "Derek J. Balling" <dredd@megacity.org>
Cc: Roeland Meyer <rmeyer@mhsc.com>,
	"'Sean Donelan'" <sean@donelan.com>, nanog@merit.edu,
	matthew@admin.tycho.net
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At 11:00 AM +0000 1/18/01, Matthew Kaufman wrote:

>at the time, the frozen rates were *above* their cost, and they were betting
>on a future cost structure that would result in huge profits for them and
>their parent.

Yeah, they weren't counting on the state cutting their legs out from under
them saying "no new power for you" on new generation requirements.

D


-- 
+---------------------+-----------------------------------------+
| dredd@megacity.org  | "Conan! What is best in life?"          |
|  Derek J. Balling   | "To crush your enemies, see them        |
|                     |    driven before you, and to hear the   |
|                     |    lamentation of their women!"         |
+---------------------+-----------------------------------------+


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