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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Glenn D. Rudolph who wrote (116607)1/31/2001 10:05:46 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
<<There are a lot of stories coming out of the CA area that make no sense to me. >>

Our media are headquartered in Calif and Manhattan. Whatever affects those two spots affects the media's national presentation by a factor of ten. If it happens in Iowa or Kansas City it doesn't matter.

And if you check the record, the last couple of recessions have hit mainly Calif and New York. The rest of the country was not nearly as affected. But I'm sure this time with their genius elec policies, and rolling brown-outs, Calif will fare just fine! yuk yuk !

<<The most current is Baja (SP), Mexico becoming a net exporter of electricity although currently they need to import. The problem is no natural gas readily available to power additional plants there from what I can determine. Nice new state of the art gas powered plants do not work without the gas. Go figure??? >>

Mexico is a major oil producer although they are not a an OPEC member. They are not a major nat gas producer as far as I know. So pipeline capacity may be a factor. Mexico City is the most badly polluted city in the world re air quality. So perhaps their newer plants are nat gas plants- just a guess; I do not not know for a fact.

I bought NRG Energy in late Spring 2000 at $18 and sold it later in the year in the low $30's. Great company. But these nutzo politicians will do anything to look good to the ratepayers so I am too sissy to buy back in. Even though it is the nutzo politicians and their polital appointees who create these problems in the first place.

Victor
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