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Technology Stocks : Fuel Cell Investments

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To: Bradpalm1 who wrote (80)9/21/2000 1:49:01 PM
From: Jon Tara  Read Replies (1) of 280
 
Caution: Texaco Energy Systems is not publically-traded. It is a wholly-owned subsidiary of Texaco.

There is a stock with symbol TESI, but it is an entirely different company, Tangram Enterprises. They develop and market asset-tracking software that enables automated enterprise-wide information systems management."

I'm afraid that you will have to buy Texaco to play Texaco Energy Systems, unless they do a spin-off, which I think is unlikely. The oil comapany's involvement in fuel cells is one of control, not of investment, IMO.

As for Energy Conversion, look at the checkered history of this company. That said, I am impressed by it's performance this year, after being left for dead. Stanford always seems to have another rabbit to pull out of his hat, just as they are about to pull the plug...

A good trading stock, but not at all convinced that it's a "buy and hold".
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