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Technology Stocks : Plug Power

PLUG 2.745

+2.0%

Nov 3 3:59 PM EST

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From: NAG1	8/6/2015 10:36:08 PM
	of 29

Reported nice numbers for the quarter in terms of revenues. Going to have at least 30 million for the present quarter, which the CEO says he has in the bag. Problem as I see it is in the margins. If the margins continue to improve, with the improving numbers, they should be ok. Said that they will be close to break even at the end of this year. Margins will have to get a lot better for that, even if they make that 37 million that has been talked about getting them to the 100 million for the year. Also sounds like they have a nice backlog building up. Added over 50 million to the backlog this quarter. Definitely one to hold for me at this point. I am not sure why the big negative reaction since they really didn't miss revenues by much and had a real nice growth rate. Probably because investors are in a show me mode and not believing the guidance. I think I will be adding here once the dust settles. To me, it sounds like they are finally executing on their plans. We will see if they can do what they are saying they can do.

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