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

To: Second_Titan who wrote (2086)	3/21/2001 8:09:22 AM
From: Think4Yourself	Respond to of 23153

Regarding the California refineries and product pipelines, there was a big stink back in January. The pipelines were on interruptable power contracts and were down for long periods of time, so long that San Francisco's airport ran dangerously low on jet fuel. Refineries were also affected. There was a big political fallout. I believe that as a result of this they were exempted from everything but rolling blackouts, which only last from 60-80 minutes. With regards to PYR, it is starting to come back towards reasonable levels, but has more downside. $4 seems a reasonable entry price to me. I just couldn't bring myself to buy a company that had a 200 million market cap and only had 12% of one well as their income. The nonstop hype on the ELH threads was also a clue. Those guys were actually so far out that they were getting excited from field reports from other posters. PYR has great prospects but the stock was WAY ahead of itself. Gina, as long as you only have a small position you should be fine. I sometimes buy small positions in companies I am interested in, simply to force it onto my radar screen.