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Technology Stocks : SatCon Technology (SATC)

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To: Cabrina Dieters who wrote (53)10/1/1997 5:52:00 PM
From: Joseph Nathan   of 440
 
Regarding the Toyota alternators's: Let's hope. The long term possibilites for SATC are impressive. The question is -- what value will the street put on those possiblities now? It all depends on hype. If some respected analyst decides to recommend the stock -- great. Otherwise, the stock will rise and fall as a "story stock" -- hot when there is a story, and settling back when there is none. A case in point is the bump the stock got when the Boston Globe ran their piece on Satcon and E-Coli. It actually got over 13 for a minute or two and then settled back to the low elevens. Now it's back to 12 3/4. Where it will go from here -- and when -- is anyone's guess.
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