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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (125635)	1/19/2001 4:12:25 PM
From: GVTucker	Respond to of 186894

Amy, RE: Is the 1,000 vs 48 figure correct? Or, was that a ST aberration? i.e. what exactly is the estimated cost from the standpoint of LT? The current prices are a short term aberration. The price of natural gas right now is significantly higher than it has ever been, and is higher than it will be for a long time. But as far as long term market clearing price, I have no idea. The best solution in my mind would be to let the market find its proper level, and at the same time create some kind of fund to subsidize low income families. Why doesn't the government simply get out of the way with the pricing structure? Because the government fears free markets. Take a look at the lawsuit filed by the city of San Francisco. It is highly anti-capitalist. Who are these folks? Outside of Jim McM, I don't know. Index funds are the biggest owners of EIX and PCG stock, which probably means a pretty diverse shareholder base. Btw, why wouldn't you issue stock to a lawyer? The probability of getting sued goes up exponentially when the stock gets issued.

To: Amy J who wrote (125635)	1/19/2001 4:19:55 PM
From: Tenchusatsu	Respond to of 186894

Amy, <I disagree. It depends upon the type of the business. Electricity is a larger portion of costs for a manufacturing company, but not for a software company, where electricity is a small portion of the overall cost of doing business.> Higher energy costs contributes to a higher cost of living. It's going to be that much harder to convince working talent to move to California if utility bills are much higher than, say, Colorado. <Better to have reliable, expensive power than highly expensive downtime.> Tell that to the Californians who still think it's all a hoax put on by the big bad power companies. Tenchusatsu