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Strategies & Market Trends : Value Investing

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To: RRICH4 who wrote (14634)6/13/2002 9:11:18 PM
From: Don Earl  Read Replies (1) of 78751
 
Question on PRTN:

It looks like the cash came from a fairly recent IPO and I noticed there's been an unholy amount of insider selling. I've done some casual research on fuel cell technology out of idle curiousity, but nothing too deep. My first impression is it's quite a few years out before it's likely to see widespread usage at something close to a retail level. The story sounds interesting but it looks like the current business model is more focused on selling stock.

How far along are they in their R&D efforts, and how far out are they before income exceeds out go?
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