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Technology Stocks : Plug Power Fuel Cells (PLUG)

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To: AnnieO who wrote (16)1/22/2000 12:38:00 AM
From: Krowbar  Read Replies (1) of 83
 
AnnieO, I assumed that you already owned PLUG. I'm not trying to talk you into buying it, I just meant that if you already had it, it would be hard to guess the price swings.

You wouldn't be lugging bottles of propane to your country house. The normal way to do it is to have a large propane tank, sometimes called a "pig", and have a truck come out to fill it, much like heating oil. If there is natural gas nearby, so much the better. It usually costs much less to run a gas line a couple of miles than an electric line, which can cost 25K per mile.

It will be interesting to see what happens to the price in the weeks ahead. The analysts are having a tough time evaluating fuel cell companies. There's bound to be a correction at some point, but I was never too good at timing them. I will hold for years.

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