Plug Power Fuel Cells (PLUG) Message Board

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Technology Stocks : Plug Power Fuel Cells (PLUG)

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To: Erik T who wrote (60)	3/27/2000 8:20:00 PM
From: Fisherman1	Read Replies (1) of 83

Erik go to gefuelcell.com read and think, this site IS a GE site!!CO2 comes from the reformer not the fuel cell!How much extra to make hot water? The hot water is byproduct of the chemical reaction of THE FUEL CELL, Valient is the largest producer of heating appliances in Europe and they are a partner with PLUG for the heating part of the Fuel Cell. NO ADDITIONAL ENERGY WILL BE USED TO MAKE HOT WATER the cell will just use the waste hot water from the cell. Read the Hambricht & Quist, Goldman, Merrill, First Albany reports (I know they were all underwriters) So read the Robertson Stephenson report a non underwriter! They all look for $4.50+ in earnings in 2005! get THE REPORTS FOR THE 1/3RD data, and yes it does include the servicing, and cell replacement every 5 to 7 years. Have kept most of my PLUG position from the underwriting week. Have kept most of my MKTY and FACT positions from 1997!!! SRE owns the largest gas utility in the USA and has years and years of experience in fuel cells. GE sold their fuel cell biz to UTX in 1984 and still has the experience to help GE make a decision. GE's cash investment is not material but the time and effort of Robert Nardelli the CEO of GE Power Systems ($10 billion in sales 1999) and Robert is also a director of GE Credit and on PLUG's board IS VERY MATERIAL! DTE SRE KSE NJR & FLINT will all distribute and GE will service the cells. Only time will tell and I have put my money where my mouth and mind are. See you at the annual meeting

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