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Technology Stocks : FCL - FuelCell Energy

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To: melinda abplanalp who wrote (382)4/25/2000 8:59:00 PM
From: Bread Upon The Water  Read Replies (1) of 407
 
Thanks. I know you've made many on the stock if you were in early (a triple?), but despite that I respectfully disagree.

They don't have earnings and are nowhere close to having a revenue stream. All they have is the right to use a technology which--will take at a least a quarter of billion dollars to implement--if not more.

The two companies currently building GTL plants (Sasol & Syntroleum ) have huge backing by major oil companies. Unless Texaco gets off its duff where is the necessary capital going to come from?

It is NOT just a matter of moving one catalytic converter into a methanol plant--and if these guys are telling you it is--watch out!

I am trying to influence you.

Bill
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