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To: excardog who wrote (81443)	12/12/2000 5:55:39 PM
From: gamesmistress	Read Replies (1) \| Respond to of 95453

When the Sec. of Energy talks, the market listens. :-) piwpubs.com

To: excardog who wrote (81443)	12/12/2000 6:42:47 PM
From: Warpfactor	Read Replies (5) \| Respond to of 95453

Do I understand then that Richardson would prefer that people freeze in their homes so that Kaiser's employees won't have a paid vacation? A tax question for the more active trader's: Assume I hold shares of ABC in a long term account with Fidelity. Now assume that the shares of ABC take a sharp dip. I want to sieze the opportunity for some short-term profits, so I buy some shares in my Ameritrade account. After a week goes by, the ABC stock price rebounds, and I sell my Ameritrade shares for a tidy profit. Since the shares were bought and sold from Ameritrade, do I report this as a capital gain? Or does the FIFO rule apply regardless of broker? In which case I'm selling in my Ameritrade account what I first purchased in my Fidelity account? I've been assuming the former, however I've never found documentation to back it up. Warp

To: excardog who wrote (81443)	12/12/2000 8:53:23 PM
From: Tommaso	Respond to of 95453

Richardson is more of a fool than I thought he was. He really expects people not to act in their own self-interest. Or even to assure their own survival.

To: excardog who wrote (81443)	12/13/2000 12:00:43 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

excardog, I work on a lot of contracts linked to power deregulation- and what Kaiser did was a logical extension of a free and deregulated market. If you can make a large profit not producing for a few days- then why produce? The workers are still compensated as if no shutdown occurred. IMO every business should be able to make rational cash flow and power allocation decisions.... And... I find the decision triply humorous because about two months ago I worked with a certain refiner in the Pacific Northwest and helped them to set up some contracts by which they'd benefit significantly from any electricity price spikes, in the local mid-Columbia Index. They made a whole lot of money off of the recent electricity price spikes in the region. The only difference is that the refinery stayed open and running unlike Kaiser. Kaiser was a little too up front I guess, but why can say, an Enron gas trader speculate on power prices and a Kaiser Aluminum Plant may not?