FCEL Message Board - Msg: 23659037

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FCEL

FCEL 8.780

+0.3%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Extra Pale who wrote (216)	6/27/2007 11:42:18 PM
From: Stephen O	of 238

from SH, FCEL has a good recent chart Buy -- Price 7.34 on June 13 by Lazard Capital Markets We recently hosted a site visit with FCEL management at the Sheraton Hotel & Towers in New York, where one of the company's Direct Fuel Cell units is installed. The DFC unit has been in operation two-plus years and provides about 10% of the hotel's electricity needs . . . the unit's waste-heat is used for the hotel's hot-water requirements. We are reaffirming our thesis that the company is in a position to receive the largest order in its history, related to Connecticut's Project 100 . . . Bookings prospects in other key markets also remain strong and the company recently received . . . orders in South Korea. Management . . . expects to achieve an additional 20%-to-25% cost reduction through volume benefits. As with any company in the early states of commercialization, primary risks include balancing cash burn while establishing key strategic markets. Our 12-month price target of 11 reflects a 30 times multiple on two potential revenue and earnings scenarios, 90 cents to $1.20 over the next five to seven years, discounted back five years at 25%, given the risk associated with early-stage commercial companies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next