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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (64332)6/12/2002 12:27:56 PM
From: John Trader  Read Replies (2) | Respond to of 70976
 
Mike, Glad to hear things are looking up for your business. That is another sign that the economy is turning.

Regarding the recent attack warnings, lets hope our government is capable of doing more than just scaring people going forward. We need real solutions to this terrorism problem. I think technology can help, hope those who are more oil-minded see this as well. The analyst did point out there will be a ramp up of tar-sand (or something like that) oil production in Canada, however. This gets mined rather than pumped out of the ground. He mentioned SU as a stock recommendation.

On one of the WSW shows last week (not sure if it was the one with the old people and new furniture, or the one with the new people and old furniture) an oil analyst guest said non-opec oil production will peak in about 6-7 years I think. I have been worrying about this for a long time, and maybe it is finally on the horizon. In case those in Washington might have forgotten, there is tremendous potential for saving oil reserves by employing more use of technology (e.g. broadband for businesses).

John