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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected) -- Ignore unavailable to you. Want to Upgrade?


To: mannyj who wrote (189)12/1/1999 2:59:00 AM
From: Jerry Rush  Respond to of 213
 
Ethanol glut easing.
Several positives on horizon. Such as Brazil possibly importing ethanol. Calif possibly naming ethanol in public hearing on new fuel formula on Dec. 9.
New, higher margin products being formulated.
Another major oil company comitting to mixing and selling blended fuel.
Those are the positives.

Negatives are:
California could still be two yrs. away.
U.S. Govt. may cut "oxygenate" rule for fuel additive.
Glut may last a couple more months... which will put us in the weak season of sales.

But I'm long, so guess I think the positives outweigh the negatives.

Jerry