Biontech, seeing a bounce. We know that pfizer is not a hype company its a big conservative company. When it sees things that are not working it is quick to say it. When it sees things that are working it is long to say it in other words, this is not a company that is a brag Guard Company so i am very surprised to see them come out this early. They must feel a level of confidence that is extraordinary versus what they typically do. David, youve known pfizer for very long, you know that pfizer is one of those companies that i guess you would regard as stodgy and certainly not a company that likes to get ahead of itself no. You would have to put it in that category, i think, so it is interesting that this has been shared as meg said and as we know 24 patients, jim, is not a lot. Very positive it would appear at this point i think always important to mention, though, that when we talk about a vaccine we are talking about the need for largescale trials as soon as possible because, of cours
Coming off a fiveday win. A lot of the stocks in the nasdaq are for companies that do better in covid era. Remember, weve got many, many institutions with 80 to 95 of people working home. They require a gigantic change in the supply chain of work. And the supply chain of work is just generated a remarkable new wave of the cloud, of hardware, of software, and the companies that are really rallying for the most part are companies that do fabulously when you have to create new factories the factory is in the home theres a look at steve mnuchin. Well talk to him in a few moments. A lot over the weekend, whether it was mnuchin, kashkari, prepping us for the idea that the worst of the impact is still to come, even after that jobs number on friday which we didnt have you with us to discuss. Here we are i wanted one thing to be normal in my life Everything Else has changed like so many of us. I questioned the notion that this month will be worse we are hearing too many people who are reopening
Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
I dont want to be muted because the people need to speak. For those of you who are just joining you, this is the march 17th, 2020 Commission Meeting and were doing this for the first time using microsoft. Please excuse us if we have any technology issues. This process may be different than we normally do. If i may, i may move on to item 2, the approval of the march 3rd, 2020 minutes. Do we need to do a call to order and role call . Yes, thank you. So ill start with you, commissioner. role call . Well move on to item 2, the approval of the march 2 minutes. Reviewing the minutes of the previous meeting, does anybody have a motion to approve . So moved. Second. All those i in favor . Do we need to do a role call . role call . Thank you. Item 3, the directors report. The directors report is in front of you and i would ask that if you have any questions, of course, im happy to answer them, but given that the majority of our meeting with focus on covid19, i will not need whats in front of yo
Issue for us. Its a key issue, as you know, across the country right now within our Public Health lab under the direction of dr. Susan philip and theyve done an amazing job of implementing testing. Our capacity is relatively small and theyre having to prioritize testing the people who are most in need of testing, requirementy symptoms in the hospital, at high risk for firstdegree exposures and then healthcare workers. So were really focusing on those flee populations 03 thre. To give you an idea of how our daytoday is going right now, were injecting a capacity of a days worth of test or at the best, a weeks worth. And so were getting tests delivered to us by the cdc in the very challenging fashion because were simply not able to be assure ed this either w assuh tests to last for months or to expand our capacity to run 24 hours a day. So thats within the dph side. Within our Public Health lab side. Were also working with private labs including Quest Diagnostics in our Health Network and