Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Think4Yourself who wrote (82334)	12/21/2000 1:27:20 PM
From: Tommaso	Respond to of 95453

JQP: Here's a really fine site. The guy is an accountant and everything seems nailed down on first inspection. Was espaecially delighted with the HGT analysis. mcdep.com I wonder since he uses the "mcdep" thing if he's the author of a book I own at home that proved quite reliable.

To: Think4Yourself who wrote (82334)	12/21/2000 6:28:25 PM
From: thestockrider	Read Replies (2) \| Respond to of 95453

I read the Yahoo board and it sounded like they knew WFC better than you do. Its obvious you don't live in California and don't understand the state's economy. You need to do more DD otherwise you'll keep looking lost on WFC and the California economy. FWIW US commercial banks just reported their third most profitable quarter ever. WFC is not a trading bank. WFC is a very conservative bank. Perhaps the PE is high, but what is WFC historical PE trading range? Ask yourself why it has been so high.... There used to be many banks in California, now there are effectively two, and WFC is one of them.... It's hard to pick a trading bank bank to short without knowing how their proprietary traders did this last quarter. You could short JPM, but if it was net long bonds and short stocks this last quarter, you'd get your lunch handed to you. >>The army went into the factory one afternoon, took all the staff out back, and executed all the managers in front of the workers Talking about killing people is politically incorrect. It really is, especially in the context of this energy policy legislation that didn't work out stuff. If California chooses to pay market prices for power, which states' citizens are going to be hurt more? The state where they make more money? or your states? This energy issue will be solved by some combination of higher prices to consumers, lower profits for public utilities, building more power plants, and/or government subsidies. There's money to be made on both the short and long sides of PGE & Calpine, but timing is everything. I'm avoiding this issue because there are clearer investment choices. On the bright side, maybe Democrats can get rid of Gray Davis in the next primary. There's one good republican in CA at the state government level, Bill Jones, the Secretary of State. He's already pushing for improvements in the voting process here. There are no other republicans holding/winning state offices -- the last crook, the former Insurance Commissioner, fled after diverting contributions from insurance companies for an earthquake fund into a personal publicity campaign. Quackenbush sought asylum in Hawaii with his water-skiing wife, after authorizing state funds be used for his defense in the criminal cases. Consider this my contribution to the SDOFS holiday potluck/food fight. Yip! Yip! Go energy stocks!