Swallow

Anyone working for a gas company today won’t be in a few yearsif a prediction of BT Alex Brown Managing Director Edward TirelloJr. comes true. “On convergence, I believe that the electriccompanies will buy up all of the gas companies over the next fiveyears, and that will be the end of it.”

The electric industry will swallow up the majority of thenatural gas distributors over the next 10 years, predicted amarketing executive last week, adding that the doubters of thisscenario are forgetting or just don’t know how “extremely big”electricity is.