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To: Lazarus_Long who wrote (12989)9/10/2006 12:08:15 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 19790
 
sell your oil stock, Laz, the only reason oil is where it is is due to speculation and a sort of hopelessness, perpetuated by those with a bearish POV regarding US companies, that this oil habit we have is completely unmanageable.

As you no doubt know, oil has fallen dramatically lately.

The bottom line is that this ISN'T 1973. If even one electric automaker is able to sell 10K vehicles at a premium pricepoint (anything above 45K) at a profit, there will be literally thousands of companies out here trying to compete for the supply chain.

My opinion is this Tesla company is already heralded as a huge success and thats the reason the other 6 stealth companies popped up.

Oil and fossil fuels-> LAST CENTURY'S ENGINE OF GROWTH