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To: MetalTrader who wrote (73299)	9/13/2000 11:55:39 AM
From: Jon Cave	Read Replies (1) \| Respond to of 95453

CNBC reporting OPEC to raise production by 2mbd. Maybe they meant OPEC could raise production by 2mbd. Sounds like OPEC trying to talk the market down. I swear that is what they just said.

To: MetalTrader who wrote (73299)	9/13/2000 11:58:56 AM
From: jim_p	Read Replies (1) \| Respond to of 95453

MetalTrader, The industry average for companies with a market cap over 1 billion is over 6X, and that includes companies with a lot higher leverage and a lot less growth. Jim

To: MetalTrader who wrote (73299)	9/14/2000 11:53:55 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

re: TLM Think I'll look at it much closer this weekend. Many thanks to all who responded - good information. regarding NITE, WSJ has confirmed buyout talks in progress with multiple parties. Could easily have a bidding war. Did anyone notice that Southern CA had a stage two power emergency yesterday? Regarding the fuel cell comments... PGM's are needed for the reformer that creates the hydrogen from gasoline. See the XOM/GM announcement about 2 months ago. As a result these commodities are of MUCH more interest to me than gold. Don't know if fuel cells themselves use PGM's. This info is EXTREMELY confidential as it is the key to how the fuel cells work. I suspect PGM's are used. Yes, sulpher will poison the reformer, just as it will poison catalytic converters. Very low sulpher gasoline is ALREADY available. See XOM announcement earlier this summer. Ford is already using it on assembly lines for some vehicles. For the time being you must buy the premium grade to get it. Getting around poisoning the fuel cell with a "bad load" of fuel is a problem IMHO. I believe they will come up with a fuel tank sensor that detects sulpher and shuts down the fuel supply if detected. You will have to dump the fuel and refill the tank. Good side is that everyone will quickly learn who the bad suppliers are. Ford is trying the stored hydrogen approach. I believe it is destined for a spectacular failure as was noted by a prior poster (can you say Hindenburg?).