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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY) -- Ignore unavailable to you. Want to Upgrade?

To: Sid Turtlman who wrote (241)	7/1/1999 10:10:00 PM
From: Fisherman1	Respond to of 542

Read Scientific American July Issue major report on Fuel Cells, even mentions Plug Power with others. Sid. be careful with being short MKTY, Plug has 100 mill committed by GE, DTE, SRE, MKTY. George McNamee just finished testifying before the Senate Committee on Energy(more publicity of a good nature). In the rights prospectus they mention a few times the probability of an IPO for Plug subject to market conditions. Look at SRE's fuel cell history before the Plug investment. Look at DTE's other investments ( they are offering energy hedging and electricity in the NY market ) and finally at GE's capabilities in industrial research and development and their relationship in Plug. Mkty without plug is only a 4 to 5 dollar stock at best. But with Plug could be much higher than it currently is.

To: Sid Turtlman who wrote (241)	7/1/1999 10:42:00 PM
From: Fisherman1	Respond to of 542

Sid. here is a brief summary of the most recent investor in Plug I would think these insiders know more about what they are doing with their investment dollars than a few retail guys like us. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 12,000 employees, revenues of $5.5 billion and more than 6 million natural gas and electric meters serving 21 million consumers. Through its eight principal subsidiaries -- Southern California Gas Company, San Diego Gas & Electric, Sempra Energy Trading, Sempra Energy Solutions, Sempra Energy International, Sempra Energy Resources, Sempra Energy Utility Ventures and Sempra Energy Financial -- Sempra Energy has operations throughout the United States, Canada, Mexico and other countries in Latin America. DTE Energy (NYSE: DTE), a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its principal operating subsidiary is Detroit Edison, an electric utility that generates, transmits and distributes electricity to more than 2 million customers in Southeastern Michigan.