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

To: Dr. Voodoo who wrote (47932)	4/3/2004 8:55:32 PM
From: TobagoJack	Read Replies (4) \| Respond to of 74559

Doc V, <<I'm looking to reenter the market for a short term>> ... this, together with the fact that ACF Mike has returned, is a bad sign :0) I will sit this round out, as usual. Chugs, Jay

To: Dr. Voodoo who wrote (47932)	4/3/2004 9:03:41 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

HNP, like any utility company, I presume is in its district a monopolist. You can't shop around for electricity or buy some on the roadside from somebody with electrons on her/his mat. So we have millions of customers and one supplier. Whether the government is capitalist or communist the situation cries out for control of prices. Even though that may not be the right way to proceed,the majority will have their way. Therefore, long term, other Chinese stocks have to outperform electric utilities.