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

To: jim_p who wrote (3222)	4/12/2001 8:05:27 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 23153

Jim, Do you remember where you got the 40 Gigawatt number for new NG fired power supply in 2001? I have only seen 27 GWatts, but that was definitely coming online this year as opposed to possibly coming online. NG prices stabilizing at $3-3.50? In the bear's dreams! The only analyst I have heard saying that is Charles Maxwell and he is famous for how wrong he has been. The large cap CEO's are betting on above $4 long term as evidenced by their decisions to reactivate and build LNG plants. TIA! JQP

To: jim_p who wrote (3222)	4/12/2001 9:25:16 AM
From: Tommaso	Read Replies (1) \| Respond to of 23153

" Domestic supply was down around 3% last year," Isn't that just what's reported by the largest producers? I mean, for example, is Mitchell Energy's contribution counted there? A total 3% drop would probably imply gas prices close to what they hit at last year's crunch.

To: jim_p who wrote (3222)	4/12/2001 1:10:55 PM
From: hitsoft17	Read Replies (1) \| Respond to of 23153

ref:::We have a long way to go in the tech recovery. Way to much excess capacity, that will take years to work through the system. The tech wreck is comparable to the oil collapse in 1980, which took 10 years to correct. I suspect it will be a lot shorter in the tech sector, but still years not quarters>> Jim P You may be right in principle but I'll wager that the "tech glut" will clear in less than a year because of the growth rate that will return late next year and through 2002. It takes about 1/5 as long to clear a CAPACITY glut while accelerating to 25% growth ( tech, chips etc) as it does to clear a COMMODITY based glut at 5% growth ( Oil business with a non-cooperating OPEC crowd ). hitsoft17