MECHANICAL TECHNOLOGY (MKTY) Message Board

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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY)

MKTY 12.23

+4.4%

Nov 1 5:00 PM EST

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To: David B. who wrote ()	12/4/1999 8:56:00 PM
From: Fisherman1	Read Replies (1) of 542

PLUG = 24.1875 MKTY = 18.875 SATC = 8.50 EACH MKTY HAS 1.18 PLUG = 24.1875 * 1.18=28.54 EACH MKTY HAS .16 SATC = 8.50 * .16 = 1.36 TOTAL MKTY = 28.76 + 1.36 = 29.90 MKTY HAS 1.40 IN DEBT / SHARE ADVANCED PRODUCTS SHOULD COVER THE DEBT. WHY IS MKTY 18.875 OR 58% DISCOUNT TO VALUE WHY? MKTY HAS 11.6 MILL SHARES OUTSTANDING... THE 10.6 PEOPLE ARE LOOKING AT ARE FROM THE 6/30/99 STATEMENT AND DO NOT INCLUDE THE 800,000 FROM THE RIGHTS OFFERING IN JULY! MKTY OWNS 13.7 MILLION SHARES OF PLUG 13.7 / 11.6 = 1.18 THAT IS THE RATIO FOR PLUG!! MKTY OWNS 1.8 MILL SATC AND HAS AN OPTION FOR ANOTHER 100K LETS LEAVE THE OPTION ALONE MKTY HAS STIL THE SAME 11.6 MILL OUTSTANDING SO THE RATIO IS 1.8 / 11.6 OR .16 SATC! FINALLY MKTY HAS PATENTS AND ADVANCED PRODUCTS AND IS A GOING CONCERN WHO DID CREATE PLUG!!

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