AP&L: The Letter

Before the ACSR's letter can be mailed, the Corporation Subcommittee on Shareholder Responsibility would have to approve it. The ACSR has been negotiating with the Corporation about the letter, which is now about a page-and-a-half long and is undergoing its second round of revisions.

Sources say the Corporation's objection to the first two drafts of the letter was its references to technical information which the Corporation wants verified.

Several ACSR members reportedly think it would be unfair to ACORN to mail the letter after ACORN meets with the Public Service Commission May 1, less than two weeks from now. It seems likely, therefore, that the ACSR will wind up the matter soon, possibly at its meeting Tuesday.