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Technology Stocks : Intel Corporation (INTC)

INTC 54.26

+11.6%

3:59 PM EST

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To: GVTucker who wrote (101691)	3/29/2000 1:06:00 AM
From: nihil	of 186894

Ever since Reagan trashed the alternative energy programs and decontrolled oil and gas prices, we have been subject to the oil monopoly whenever they could get their stuff together. We are sitting on the edge of serious alternative energy development. Liquifying natural gas, bioenergy, fuel cells, hydrogen, synthetics, everything is available in a few years. All that is necessary is for the federal government to guarantee a real price target (by buying future energy contracts) on a multiyear future market. Any entrepreneur who wants to drill for oil or gas reserves or build a synthoil or shale plant, or solar cell factory can sell forward energy (lock in a price), and the utilities and oil retailers and government can buy future energy as they wish. This market would provide intermodal exchange rates. If the future price increases (as it would have this past year) suppliers will be stimulated into producing more energy. If excess selling forces the future price down, so be it.

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