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Non-Tech : Bill Wexler's Dog Pound
REFR 1.560-2.5%Nov 7 9:30 AM EST

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To: Marconi who wrote (1519)6/23/1999 10:07:00 PM
From: Fisherman1  Read Replies (1) of 10293
 
PlugPower is real as is the fuel cell home in Lathum, I saw the governor of N.Y. help to break earth for the new building. I am in MKTY for over 6 years. I have seen progress in the fuel cell development via the press announcements from the DOE, and other real sources.
SO Cal Gas has a lot of fuel cell background and experience they DID
invest $7.5 mill in PLUG. DTE is one of the better managed utilities in the USA and they have invested over $45 mill. GE... well is GE their investment of time, material is evident.
Read the rights prospectus - all of the risk and the mention of a possible IPO market permitting.
I think this is REAL and when the street finds it well watch out on the upside.
1 mill units over 5 years cost each = $4,000 average, net profit 15%
plus the 25% of GE fuel cells
do the math
then put a PE on it
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