Re: what is this shit

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Article #22221

#22221

From: John Pettitt
Date: Thu, 16 Jul 1992 16:44

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jeg@netcom.com (Julian E. Gomez) writes:
>Pacific Bell is not a company per se. It is a regulated utility.  That
>means the state (i.e. the PUC) sets its rates, and its rates are
>structured to cover this guy's salary.  So like I asked, what the hell
>is going on?

Well it's a subtle distinction but Pacific Bell is indeed a regulated
utility but Pacific Telesis (owns Pac Bell and Nevada Bell it not. 
Telesis does other stuff and is a for profit company.  If the CEO can
get a good deal and keep the stockholders happy in the current anti CEO
climate then good luck to him.  

-- 
John Pettitt					jpp@starconn.com
Archer N81034					apple!starnet!jpp

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Message-ID: <1992Jul16.164431.2283@StarConn.com>

Path: arc1-ca.pugleaf.net!sparky!uunet!darwin.sura.net!mips!mips!lupine!motcsd!starnet!jpp

References: <2j+m0##.jeg@netcom.com> <62146@cup.portal.com> <yz+mwpd.jeg@netcom.com>

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Path: arc1-ca.pugleaf.net!sparky!uunet!darwin.sura.net!mips!mips!lupine!motcsd!starnet!jpp
From: jpp@StarConn.com (John Pettitt)
Newsgroups: ca.general
Subject: Re: what is this shit
Message-ID: <1992Jul16.164431.2283@StarConn.com>
Date: 16 Jul 92 16:44:31 GMT
References: <2j+m0##.jeg@netcom.com> <62146@cup.portal.com> <yz+mwpd.jeg@netcom.com>
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Organization: Starnet-Public Access UNIX--Los Altos, CA  415-949-3133
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