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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%Nov 20 3:59 PM EST

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To: H James Morris who wrote (117945)2/17/2001 1:46:57 PM
From: Robert Rose  Read Replies (4) of 164684
 
<Exds has competition from companies like IBM and Intel which offers pretty much the same deal.>

In a recent post i mentioned that electricity consumption in silicon valley was growing 6% per yr in the 90s. The same SJ Mercury News article mentioned server farms such as Santa Clara-based exds as contributing significantly to that growth rate.

As we all know, CA is in deep doodoo and there is no quick fix. While large high tech companies like csco can weather the increase using their own generators, or in other cases, pass utility costs onto their shareholders <sic>, small businesses are being forced to lay off and shut down pronto. This morning's article cited one small company which saw it's utility bill escalate from 200k in 9/00 to 1.1M in 1/01. It was suggested that growth in the state's economy cannot resume until the crisis is resolved. (Makes sense to me!)

Folks are citing summer as being a particularly interesting time. <ng>

Let's pray that palo alto real estate prices don't go the way of amzn or yhoo!
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