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Strategies & Market Trends : Rande Is . . . HOME

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To: dieselfuel who wrote (45856)1/19/2001 10:12:57 AM
From: Tradelite  Read Replies (1) of 57584
 
dieselfuel....re: your comments on Calif. energy problem...

The most amazing thing I've seen so far in reading about this mess is that some of the old-economy stocks (paper and other manufacturing companies) have literally stopped producing their products in favor of selling the energy contracts they currently have to the folks in California.

They have found they can make more money selling energy than selling their products!!

Investor tip: Look around for companies that have long-term energy contracts in place and then buy their stocks.....might be a nice profit bounce for them over the next quarter or so. (just kidding, but maybe not wrong about the situation)
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