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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (97815)	4/24/2001 10:54:49 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

I read in Globe and Mail today there were $37 billion worth of bankruptcies in first quarter-2001, more than in all of 2000. PG&E is only 25% of that. Interesting. The Fed certainly is printing....

To: pater tenebrarum who wrote (97815)	4/25/2001 12:26:18 PM
From: John Pitera	Read Replies (3) \| Respond to of 436258

Heinz, Natural Gas continues to trade above it's all time high price of 4.60 which had held for 10 years, until last last fall. and then obviously we went into double digits in Dec and Jan. It's possible that 4.50-60 being the old ceiling for NG will now become the new floor and we do not trade down below it in any meaningful way this year. Over the next few years, enough production should come on line to move prices back down, but I'm not so sure that we see that this year. we're getting to the pivot point where more NG is used for electricity and air conditioning and usage goes up in the summer even compared to the winter. John