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Re: [sharechat] MR MARKET RUNNING LOOSE.


From: michael.p@paradise.net.nz
Date: Sun, 09 Feb 2003 10:34:08 +1300 (NZDT)


Quoting Hans Van der Voorn:

> I suggest you don't confuse the philosophical attraction 
> of windpower with the object of making money from investing.

You could be right Hans.  I have let attraction get in the way of rationality 
before.  This is why I have been sitting on the sidelines watching Windflow 
from day one.  The attraction is still there, and I believe there is even a 
fair dollop of rationality there now too.

My father regularly comments that New Zealand has been blessed with cheap power 
(and other resources), and this was bought home to him when he toured the 
continent in the 60's.  

Should demand for power grow at a faster rate than we are able to supply it 
(political or otherwise), the net effect is that market forces will come into 
play when determining price.  This should make windpower a more viable prospect.

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