MECHANICAL TECHNOLOGY (MKTY) Message Board

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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY)

MKTY 12.23

+4.4%

Nov 1 5:00 PM EST

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To: billkirn who wrote (201)	5/27/1999 4:11:00 PM
From: billkirn	Read Replies (1) of 542

Modifying model to reflect 34% instead of 20% in Plug Power. Comparing Market caps. Ballard is around $2.9 billion, and MKTY is around $209 million. I think MKTY has a 20% (34% )interest in Plug Power, and Plug Power may eventually reach a $1.5 billion market Cap, once it goes public. (wild guess) So maybe MKTY's market cap could reach $300 ($500) million. So maybe we have another 50% (150%) to go. That makes it tops at $35 ($55) to $40($70) range. (I still think in the short run if it reaches the $45 to $50 level I will sell) It is not an internet stock, the public is not focusing in this area, and still very low volume. The action must be coming from industry folks. Any thoughts about the pricing model and considerations about the companies prospects? Bill

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