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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (79450)	11/18/2000 9:12:43 PM
From: Roebear	Respond to of 95453

One of the myths that was propagated during the bear bottom days of oil and energy stocks was that we don't need oil anymore, we have the internet! I don't know how they ever figured to get all those UPS trucks (and all the other trucks) through a server! Now, I hear bandied about, that the internet is causing a spike in electric usage. That in 20 years servers and the internet could be sucking up 20 30 40 percent of our power. Now THAT is quite a turnaround from making energy obsolete! Always believe what you see in the paper and hear on the news. Buy and hold stocks because gold is an ancient artifact no one wants or needs. Stocks have reached a permanent plateau and the dollar will always go up. All we have to do to solve the energy crisis is open the taps wider! Oh, and I forgot, winters will always be WARMER! Roebear