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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (86996)	12/16/2000 6:40:05 PM
From: Earlie	Read Replies (1) \| Respond to of 132070

MB: A pal alerted me to the fact that Cramer put out a story yesterday afternoon that suggested that the optical stocks might be in trouble and due for a fall. Quite a coincidence. (g) Best, Earlie

To: Knighty Tin who wrote (86996)	12/16/2000 6:46:18 PM
From: Ahda	Read Replies (2) \| Respond to of 132070

feer.com From the issue cover-dated December 21, 2000 Intel Outside: Asia's Chip Makers Gain Ground - If you want to add this to fiber optic and energy. Interest rates just might go down to 2 percent. I cant find positive news and it is making me upset.

To: Knighty Tin who wrote (86996)	12/16/2000 6:48:10 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

To All, The Yale Captivity. I just remembered that with George Bush, Bill Clinton and now Dubya, we will have had a minimum of 16 years in a row of a Yale grad as President. Yes, we had a Harvard Captivity for 16 years with FDR, but that was all the same guy. I wonder if old glory will be deep sixed and replaced with a flag of Skull and Bones? <g>

To: Knighty Tin who wrote (86996)	12/16/2000 6:56:55 PM
From: Bilow	Read Replies (2) \| Respond to of 132070

Hi Michael D. Burke; Re Kaiser reselling aluminum. It's been quite the news, as the companies have to pay off their workers in order to shut down production. Must be hell of a lot of expensive electricity and cheap aluminum... I think that what it means is that energy prices went through the roof before the dollar dropped far enough to make other trade goods (like aluminum) cheap. I would guess that it is a temporary situation, and that US manufacturers of export goods, and import replacements will do better as the prices of other goods rise to meet the energy prices. -- Carl

To: Knighty Tin who wrote (86996)	12/16/2000 7:26:00 PM
From: yard_man	Respond to of 132070

Can you give me a link to that story -- has some professional interest to me ... Roughly 30% of the cost of making primary aluminum is electricity according to a report current to 1998 -- with the recent spike in electricty prices the proportion can be quite a bit higher ... I think it is highly unlikely that the glut in aluminum will disappear during a recession. There is already idle production capacity and about 50% of the primary aluminum produced goes into cars and construction -- both to be hard hit by a recession ...many hedge the price and I recently was looking over the report from Alcoa which said they were net short Al ...

To: Knighty Tin who wrote (86996)	12/16/2000 7:33:33 PM
From: yard_man	Read Replies (2) \| Respond to of 132070

oops, found it -- Looks like the energy secretary doesn't like it biz.yahoo.com

To: Knighty Tin who wrote (86996)	12/16/2000 7:46:47 PM
From: bosquedog	Read Replies (2) \| Respond to of 132070

I am sure the people in the Northwest must be even more upset when you consider whom the majority shareholder of Kaiser Aluminum is .

To: Knighty Tin who wrote (86996)	12/16/2000 11:58:36 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 132070

MB, Re: Aluminum Sorry but I don't have any storage space available to buy and store aluminum. <g> The granaries are full of wheat, oats, barley, etc. waiting for higher prices. Seriously, how do you think this should be played? IMO, I think we are entering a period in time where these old era boys will play the game of shutting down supplies during an economic slow down and force inflation to get the price they need. They are much smarter at this game than the tech sector managers are. Joan