John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: Logain Ablar who wrote (1907)	10/11/2000 7:06:06 PM
From: John Pitera	Read Replies (1) of 2850

Hi Tim, I'm sure you had a great time at the Yankees game last night. I would love to have been there. I can remember in vivid detail, being at Yankees stadium in Late sept in the late 1970's when the Yankees were playing the Red Soxs and there was pennant race fever in the air. I'm not at all surprised about the gas company rate hikes. the November Natural Gas contract was on the war path today exploding to a new all time high north of 5.50 I believe we see a minimum of 6.75 in the next 2-3 months on the nearby most active contract. With cold weather, and/or Mideast supply disruptions, we'll see a spike to North of 8.00$. The NG has taken out that 4.60 high, and when one reviews what happens to Markets that are up in unchartered new all time high areas, the Trend can really get out of hand and way surpass anyone's expectations. what a significant problem the Ca. Utility companies have where they have had to roll back and subside rates and some of these companies have losses that are 50% of their entire asset base. John

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