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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Amy J who wrote (126517)	2/3/2001 9:41:03 AM
From: Dan3	Read Replies (2) of 186894

Re: Electricity Costs About 10.5 cents in Illinois - including decommissioning charges for one of the Units at Dresden. The way things are going, they'll probably have to bring it back on line and our power will get even cheaper. One of the many benefits of Reagan's voodoo economic policies was that his deficit spending was what drove interest rates sky high and killed off the Nukes. The big problem for Nuclear power is that you have Billions of dollars of investments sitting idle for a number of years before the plant is finished and can start to pay its costs. If rates are in the high teens, and regulatory issues delay licensing and startup until 6 or 8+ years after construction starts, the cost that must be capitalized can triple or quadruple. This is what killed off Nuclear power. So, if not for Reagan, our nation would have no power shortages, and much cleaner air. Dan

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