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Over the last few weeks this stock has taken a turn upwards, after holding stable at around 30 or 32 for a long time. There was a recent ballot measure in Massachusetts in which voters endorsed deregulation in the electric utilities industry, and presumably the polls showing the likelihood of this outcome are what has been moving the stock.

I'm no expert on utilities regulation. Does this mean that prices are no longer going to be controlled, or does it mean that the utility companies are going to be able to expand into other geographical areas, or engage in additional kinds of business? Or all of the above?

Someone who knows something about this subject, please post.

Tom Eaton
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