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Technology Stocks : Plug Power Fuel Cells (PLUG)

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To: AnnieO who wrote (14)1/21/2000 12:13:00 PM
From: Krowbar  Read Replies (3) of 83
 
Welcome AnnieO, Thanks for the report. Note that the 52 alpha units that were shipped are ahead of schedule. That should answer the critics who have said there is no marketable product. The analyst also said that this would be a 100 billion dollar market.

I find it significant that they feel that it is safe enough to put in your basement. Don't overlook the fact that you also get free water heating, and the waste heat can also be used for space heating. This brings the overall efficiency up to 75%, and makes the payback period much shorter.

PLUG is the first mover in the home market, and has a JV with G.E. The gas companies love this idea, and will be big pushers for this. They have an excellent management team.

Of course they will not have earnings until there is a good product flow. How many internut companies are valued in the billions with no earnings? This is going to be big. If you have stock, don't try to trade it. Put it away and forget about the daily swings. There's sure to be volatility, but I'm not selling. It's 102 1/2 now with lots of intraday volatility.

Plug Power will be as much of a household word as Dell.

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