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.

Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: eric deaver who wrote (11227)	6/10/1998 12:03:00 PM
From: DavidCG	Read Replies (1) \| Respond to of 11850

This is true, I'm not intentionally leaving out Natural gas or Coal However, I'd be happy to look at Natural Gas as well.. And that commodity is also trading lower today. Natural Gas is trading at $1.97 for the August contract (meaning what the market is betting the price of Nat. gas will be in August for those unfamiliar with commodities) Natural Gas used to be $2.50 - $3.00 Give Mountain Energy a call and ask them at what price does drilling become unprofitable? Coal, I haven't a clue what that goes for these days... not a commodity traded on the open market. Anyway, my point is, you can't control the future price of energy, and neither can ICVI. Prepare to accept this reality. I faced it with gold mining stocks and it wasn't pretty. -DavidCG

To: eric deaver who wrote (11227)	6/10/1998 12:04:00 PM
From: GT	Read Replies (2) \| Respond to of 11850

Exactly - and the commodities corner section of Barrons mentioned a few weeks ago that GAS has supplanted oil as the major producer of electricity - so icvi's GAS reserves are of utmost importance. Also, ELECTRICITY IS BEING DE-REGULATED folks !! Which means,in a nut-shell,That Small time electricity providers on the east coast may find themselves with a whole lot more need for gas and oil. How all you people can talk about icvi, or any co. in the energy field without taking into cosideration the fact that electrical deregulation will totally turbo-charge the energy industry is beyond me.

To: eric deaver who wrote (11227)	6/10/1998 12:42:00 PM
From: Moonglow	Respond to of 11850

Eric, Thanks for your post about the independents in West Virginia. I would like to confirm that if I may....both from up close personal observation....and from the fact that a husband of one of my cousins comes from a family very involved with the energy business in West Virginia. Also...something that many might not deem important...but I do. West Virginia has some of the hardest working and most loyal people in America. Once a West Virginian comes on board with a company, he/she usually tends to remain there a lonnnng time. Employee stability is important to any company....and West Virginia has it. It's not just me saying that either.....the Feds put in many of their databases in West Virginia...IRS is one example....FBI is another....because of the quality of the employees there. Juanita