Friday, June 16, 2006

Wary of ethanol buzz

CNET "Alternative-energy buzz drove ethanol maker VeraSun Energy to a dazzling market debut on Wednesday, but investment strategists are skeptical about the chances to turn a fast buck in an energy form that remains largely a mystery to many Americans.
Speaking at the Reuters Investment Outlook Summit in New York, strategists said that if crude oil prices were to slump, the wild bets that investors have put on ethanol's future could breed the kind of pain that stung Wall Street when the Internet bubble burst in 2000. "

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