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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Investor2 who wrote (13153)4/13/2000 11:56:00 AM
From: Kirk ©   of 15132
 
I bet that's very comforting to those people who don't drive cars, fly in jets, or use energy in their homes.

It is comforting to me. Gas is costing me maybe $10 a month more (In CA with highest national gas prices in the SF Bay Area). Home heating and cooling is for a big part hydro but if it goes up 1% then that means $2 a month more in the worst month of the year so now we are at $12. Jets... have been taking vacations in the ski country so I just drive and that shows in higher fuel costs but still small compared to lift tickets and lodging.

You have to have perspective. I guess we can worry about higher smoke prices when those go up again, but I quit those years ago. 8)

0.1% vs expectations of higher is great news. Also, notice that GE got MORE PROFITABLE in the face of no pricing pressure, labor in short supply and creeping costs of materials and labor. It seems companies can use their resources to do the projects with the highest returns. Of course, GE is still over valued and I don't own it... 8)

cheers!
Kirk out
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