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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (145746)	4/21/2002 8:04:08 PM
From: Mani1	Read Replies (1) \| Respond to of 1574342

Ted, did you get a chance to listen to EMLX CC. It was very bullish. EMLX is a class organization that is delivering sustained earning and revenue growth. I am back in it and this time is for a longer term. Have a sell order at 39 just in case it shoots up. EMLX is gaining major market share while maintaining margin in the 60's. Grabbed a lot of business from HP (previously belonged to Agilent) and just this quarter got part of Dell's storage business. EMLX could be the new emerging leader in storage. Very impressive performance in the current IT slump with no sign of slow down. Mani

To: tejek who wrote (145746)	4/21/2002 8:11:19 PM
From: i-node	Read Replies (1) \| Respond to of 1574342

Joe, I don't remember the exact details but as I understand it, there was a shortage of heating oil on the East coast and colder than normal temps. Prices were rising quickly C'mon, you can't be serious! You cannot conceivably believe that the drawdown of the reserve was anything more than Clinton's feeble attempt to help Gore out! No one who was paying attention believes this crap. It got you all out of a bind.....and yet you complain. Nonsense. From a Cox news article: <snip> Gore pressed Clinton on Thursday to release some of the reserves -- in a series of 5-million-barrel batches -- to try to press down prices topping $37 a barrel, a ten-year high. <snip> The law authorizes the president to draw down SPR supplies to counter a "severe energy supply interruption", that is "of significant scope and duration, and of an emergency nature," and that "may cause major adverse impact on national safety or the national economy." The statute further stipulates that the disruption must have resulted from ''an interruption in the supply of petroleum products, an interruption in the supply of domestic petroleum products, or sabotage or an act of God.'' <snip> Tina Kreischer, spokeswoman for the Senate Energy and Natural Resources Committee, said the law makes clear, though, that SPR oil is not meant to be used as a cushion against price increases. ''We believe that it says that you are to use the SPRO (Strategic Petroleum Reserve Oil) only in the case of a severe supply disruption,'' said Kreischer. ''It's not there to manipulate the market.'' IN SHORT, A TOTALLY INAPPROPRIATE USE OF THE RESERVE.