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Prognosis '96 Utilities


Industry Outlook -- Services: UTILITIES

PROGNOSIS '96--UTILITIES

Positives

-- Low interest rates have lightened debt loads.

-- Delay in deregulation is allowing utilities more time to prepare.

-- Demand for power is rising, and capacity is ample, so there's no need for costly construction.

Negatives

-- Demands by big customers for lower prices are hurting margins.

-- High-cost utilities face a bleak future in

-- deregulated world.Return to top

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