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Technology Stocks : Semi Equipment Analysis

SOXX 309.36

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4:00 PM EST

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To: Sam who wrote (42836)	1/21/2009 12:37:33 AM
From: Jacob Snyder	Read Replies (1) of 95520

OT: <Didn't do much for either solar or wind stocks today.> Obama and his advisors have been consistently signalling their focus on alternative and domestic energy sources. But the alt.-energy stocks follow the price of oil. As T.B. Pickens said last month: "Where's the money, is the question. I don't know how we'll do it. I'm anxious to see what Obama comes up with. There is no money to finance a wind project now"..."We had them(investors)standing in line a year ago, they were all over the place," ..."A couple of them that we had have gone out of business."... "I'm a little anxious." calgaryherald.com Oil needs to be at least $70 before alternatives make sense again. Or a carbon tax, so the costs of fossil fuel isn't externalised. Or another war in an oil-producing area (lots of possibilities there). Europe has to be thinking harder about wind and solar, to replace unreliable Russian natural gas. I added to FAN at 11.4 today.

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