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To: GST who wrote (108279)9/11/2000 3:16:54 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>who the heck wants to sell when the market is dropping like a stone?
Is Duke Energy dropping like a stone?...I think not!
Money moves around. It always has.
Put your energy into where its going, and get out of where its leaving.
Btw
Money is leaving Internet stocks who make their living selling banner advertising on the Internet.
Money is going into alternative energy stocks, because hydro-power can't be expanded.
Fact! When's the last time you heard of Bonneville damming another river?



To: GST who wrote (108279)9/11/2000 3:22:34 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
gst: hehehe. It's not that you're not a bright guy, or interesting to read, or anything. It's just that your content is blown out of proportion. I think I might have referred you to heinz on the mdd thread at one point. At any rate, you still remind me of him, and for the same reasons.

On a happier note, are you enjoying the islands?? :)



To: GST who wrote (108279)9/11/2000 3:36:49 PM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Former Saudi Oil Minister Sheik Ahmed Zaki Yamani (from TheStreet.com):

"OPEC has a very short memory. It will pay a heavy price for not acting in 1999 to control oil prices. Now it is too late," he told Reuters' Richard Mably. "The Stone Age came to an end not for a lack of stones and the oil age will end, but not for a lack of oil.

"I think prices might go a bit higher this winter but further ahead in 2001 prices will start to come down and longer term it is horrible for OPEC."

Yamani's thesis is that $30-plus oil has already driven the West down an irreversible path toward using high tech to reduce, and probably eliminate, our reliance on imported oil.

Yamani again: "Technology is a real enemy for OPEC. Technology will reduce consumption and increase production from areas outside OPEC. The real victims will be countries like Saudi Arabia with huge reserves which they can do nothing with -- the oil will stay in the ground forever."

thestreet.com

-Eric