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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Don England who wrote (785)	3/2/2001 10:20:21 AM
From: CommanderCricket	Read Replies (3) \| Respond to of 23153

I just can't help myself but I purchased several thousand shares of FGH. What the worst? "BK". I can handle that. Here's the upside as I see it. Will Trent Lott let his Mississippi ship yards go under? Hell, he helped get the latest fisheries orders (had to). Ocean Rig and FGH have too much to loose in this high stakes poker game. Big Dog, where are you? hat do you think about this mess at FGH?

To: Don England who wrote (785)	3/2/2001 10:46:12 AM
From: JungleInvestor	Read Replies (1) \| Respond to of 23153

Couldn't resist buying longer-term calls for MVK, PGO and VPI and shares of KWK and EEE (sold my trading portion of SEV at a loss as usual. The call investments have saved my bacon the last several years while waiting for SEV to take off.). Also purchased calls on a tech stock, Maxwell Technologies (MXWL) which is a play on high energy costs. It invented ultracapacitors that will be used to improve effectiveness of hybrid electric and electric cars. Following is excerpt of January press release on GM contract: "SAN DIEGO, Jan. 3 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that it has signed an agreement to supply ultracapacitor energy storage cells to General Motors and GM's Allison Transmission division, a leading developer of low-emission, fuel-efficient hybrid electric powertrains for buses and trucks. Carl Eibl, Maxwell's president and chief executive officer, said that the agreement with General Motors is the first of what the company expects to be multiple opportunities for its ultracapacitors to address the energy storage and burst power needs of the transportation industry. "General Motors and Allison evaluated the entire gamut of available energy storage options, including numerous battery alternatives, and chose Maxwell's PowerCache(TM) ultracapacitors for their hybrid vehicles," Eibl said. "We believe that at a target price of $30 or less per cell in 2003, total transportation market demand could reach one million cells in 2003, and ramp rapidly to more than 100 million cells in 2008." David Piper, Allison's director of engineering, said that ultracapacitors' efficient electrical energy storage and rapid discharge/recharge capabilities are integral to Allison's and General Motors' industry-leading development programs for low emission, fuel-efficient, hybrid powertrains and advanced electrical drive systems. "By supplementing the primary engine with an electric motor that assists initial acceleration and recaptures and reuses braking energy, we can reduce fuel consumption by more than 50 percent, reduce particulate emissions by 90 percent and reduce nitrogen oxide emissions by 50 percent as compared to conventional diesel engines," Piper said. "Evidence suggests that Maxwell's ultracapacitors satisfy our storage, release and recharge requirements better and provide greater reliability and longer service life than batteries or any other energy storage component we tested." Richard Balanson, president of Maxwell's Electronic Components Group, said that Maxwell has begun filling GM's initial purchase order, and has significantly increased production capacity to meet anticipated demand for all of its PowerCache products. "The requirements for these transportation applications are quite similar to those driving our opportunities in consumer and industrial electronics, alternative energy generation and other markets," Balanson noted. "Most energy-consuming applications demand both steady-state power and the ability to deliver bursts of higher power, such as for acceleration of a vehicle or the flash of a camera. Our products are unique in their ability to "cache" power for those bursts, recharge rapidly and perform reliably over hundreds of thousands of cycles." Allison Transmission, a division of General Motors, is a world leader in the design, manufacture and sale of automatic transmissions for trucks, buses, off-road and military vehicles, and is responsible for GM's development and deployment of hybrid electric technologies for medium- and heavy-duty buses and trucks. Maxwell Technologies applies industry-leading capabilities in power and computing to develop and market products for customers in multiple industries, including telecommunications, e-commerce consumer electronics, transportation, energy, space, defense, medical products and bioprocessing. PowerCache, a part of Maxwell's Electronic Components Group, designs, develops and manufactures a family of large- and small-cell ultracapacitors."