John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: HG who wrote (6186)	5/28/2002 1:06:13 AM
From: John Pitera	Read Replies (1) of 33421

HG, FCEL lost money this past year and looks like they will lose money in this coming year. They have made money some Quarters in the Past According to the WSJ but I've not looked into whether those were Pro-Forma Earnings numbers. And it would not be hard to believe that they were. Hence, the Key question for stocks like FCEL, when are they going to make an operating profit on a sustained basis companies that are unable to do this over time, go out of business. The concept will certainly be here at some point in the future. John (I'm watching Robert Caro's really excellent C-Span interview that C-Span is rebroadcasting today. This guy is VERY smart.) Caro has written some excellent books such as "The Power Brokers" and his new book: "Master of the Senate: The Years of Lyndon Johnson" amazon.com

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