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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: garrick le who wrote (99764)5/26/2000 6:15:00 PM
From: anyer  Read Replies (1) | Respond to of 120523
 
Maybe you need to look at Natural Gas;monthly chart will close at a new all time high. Severe shortage set to occur. AGA report this week shows 400 Bcf less storage than this time last year. New power plants burn Clean NG courtesy of EPA desires so that we can keep all those computers and networks running. But wait; reality check, this is May. NG at high in May! The rigs aren't there;sold for scrap. The personnel aren't there; they left for high tech or other jobs. Japan imports LNG at 6.00$.

Translation: Your electric bill is going way up and the gas for your heating may not be there this winter unless you like LNG at 6.00$ The EPA has given waivers to certain cities on cleaner gasoline due to the costs[fair weather environmentalists] while accusing other nations of polluting. Maybe they can burn more dirty coal this winter with a "waiver".

Regardless of how you cut it, these increases will Tax the economy. The stock market is forecasting a recession; the psychology has changed. Hot money is going to energy where they are ready to cloan dollars. CSCO earns .19 and they call the earnings Great! Will CSCO mkt cap take over the world before it earns 1.00$? VALUE is IN.