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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (40235)	10/26/2003 4:36:07 PM
From: philv	Respond to of 74559

Must be depressing to say the least. Up north, here in B.C. we went through this scenario a month ago or so, 200 homes lost this summer, & the damage estimated at 500 million dollars. Not just homes, but businesses, orchards etc. ...burnt.

To: Ramsey Su who wrote (40235)	10/26/2003 5:06:40 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Re: Fire comming towards house - consider leaving early -wind shift could kill visibility with smoke, other bad things can happen.... Best of Luck

To: Ramsey Su who wrote (40235)	10/26/2003 8:47:49 PM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

Getting ready to short insurance companies. Insurance company profits can rise after disasters. It gives them an excuse to raise insurance rates.

To: Ramsey Su who wrote (40235)	10/26/2003 9:37:20 PM
From: TobagoJack	Respond to of 74559

Hi Ramsey, <<fires ... homes>> may the Force be with you. Keep us appraised of the situation. Chugs, Jay

To: Ramsey Su who wrote (40235)	10/26/2003 10:57:00 PM
From: elmatador	Read Replies (2) \| Respond to of 74559

Can we have the photo? I am thinking in setting up a photo site where BBR guys could upload photos to stress a point and stuff like that.

To: Ramsey Su who wrote (40235)	10/26/2003 11:21:15 PM
From: elmatador	Respond to of 74559

In sparsely populated countries -US, Canada, Australia- but with good infrastructure, people tend to live among wooden areas. Living among the woods, at river margins and on top of tectonic plates faults, is to be at the mercy of nature. It is a fact of life that they are prone to fires, river margins can be swept by overflowing rivers and tectonic plates have a nasty habit of moving against each other and there isn't much we can do about. Poor countries, being them most in the torrid belt, are hot, humid and living near a wooden area brings mosquitoes that likes to eat you alive, hence people keep away from wooden areas. That notwithstanding, countries that are overpopulated, have populations living on volcano slopes, by the side of rivers since they have got no other place to go. Nature just work their numbers down once in a while.