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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (10403)	1/22/2001 12:36:33 PM
From: Bosco	Read Replies (1) \| Respond to of 30051

Hi Zeev - the battle between AMGN and TKTX is a tough call, even though the former has a better odd best, Bosco

To: Zeev Hed who wrote (10403)	1/22/2001 1:25:00 PM
From: Andrew G.	Read Replies (1) \| Respond to of 30051

Zeev: Check this out: CPST could bounce here 41 by 41 1/16/sh messages.yahoo.com from the Gilder board by: noelrabbott (56/M/New Jersey) 01/21/01 10:15 am EST Msg: 1528 of 1539 This certainly presents opportunity for CPST. Disclosure: Long Unintended side effects posted to: Tetherless Telecosm poster: creaturecomphort date: 1/21/01 9:08:06 AM I work for a major aerospace firm in California. The company is on a special utility program offered to large consumers electricity that discounts the price of electricty. Catch is the discount rate is pegged to the spot market price the utility company pays for electricity. Normally that's good. Typically electricity costs $.06/KWH. However, when a stage III alert is reached the spot market price goes up and the electricity costs $7.20/KWH. On a normal day electricity for the site costs $13,000. On Wed. last week when we were in stage III for 16.5 hrs the price for electricity went to $1,080,000. We had 3.5 days like that last week, so we spent over $3.5MM on electricity last week. That's what was budgeted for the entire year. The facility I work at has 3 shifts so it's open 24hrs/day. Starting Monday it will go to one shift from 7:30 to 4:30. No one will be allowed in before 7:30 or after 4:30. The plant will try this scheme for one week before deciding if more drastic measures need to be taken. Right now the projections are for at least 2 more weeks of stage 3 alert almost all day long. We're losing BIG money two ways, (1) the price of electricity and (2) reduction in the number of hours the plant is open. Most large consumers of electricity are on the discount plan, so there are a lot of companies here facing the same problem. The cost of doing business just went up dramatically. This will go straight to the bottom line and definitely ruin earnings this quarter. It will have a national impact. Mr. Bush needs to make this his most important piece of new business or it will drag the country into a recession.