YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (14932)	1/30/2006 4:02:29 PM
From: Jibacoa	Read Replies (1) of 23958

I like PEIX. Ethanol seems to have a good future, especially when made by enzymatic hydrolysis of cellulose.<g> Brazil already has 75% of cars running on 85% ethanol & 15% gasoline. The Ford Model T was running on ethanol in 1908 and Ford is now coming out with several models that can use the ethanol mixture. The main problem is availability & cost of transportation, but as gas prices keep high these problems will be solved. Some people say that if 5% of the US cars would be running on ethanol, it would cut the oil consumption by 45M barrels. The Canadian company (IGEN)in which Shell invested more than $45M seems to be making progress & when the stuff is made from bagasse, hay, wheat & rice stalks, etc. the cost will be lower than made from corn. (Not to mention the plans by the company in Hereford Tx to make it from cow manure where the cost is going to be even lower.<g>) PEIX has been substantially increasing revenues in the last 2Qs and the loss is expected to be cut by more than half this year (in spite of the higher loss in the last 2Qs <g>) The stock is making a 52wks. H which will also be a new H since May 2000 bigcharts.marketwatch.com

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