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


To: Sid Turtlman who wrote (262)7/11/1999 9:02:00 PM
From: Fisherman1  Respond to of 542
 
Sid,
You are assuming the GE deal to be lopsided in GE's favour. I am assuming that DTE, and FACT would not allow that. I am assuming that the work done by MKTY prior to the Plug start and Plug's work is professional and their idea of production costs and selling prices are not pie in the sky. I also assume that DTE has a lot of knowledge about peak household needs and that they have shared that knowledge with Plug .... in fact Gary Mittleman the President of Plug came from DTE. I have more faith in the background of the Plug story.
That is not to say the ERC is not a good investment it IS. ERC is very hard to buy in any size and staying on the bid just does not work .
Thanks to you I do have a ERC position and thanks I hope.
Just think MKTY with their partners is the way to go.



To: Sid Turtlman who wrote (262)7/12/1999 10:43:00 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 542
 
Sid,

You make a good case for ERC being the better valued play right now. However, given your own admission that the outcome of this is unpredictable, I don't see why the hypothetical reasonable investor wouldn't want to own both of these stocks.

I don't have enough knowledge to understand your argument on the ineffiency of plugpowers fc for the residential home. Perhaps your greater technology knowledge in this area makes the ERC case compelling for you. I would like to know though, and there is no rush on this, why you think the utilities bet on plugpower's approach if the other is as superior as you say?

Good Luck and profits to us both.

Regards,

Bill



To: Sid Turtlman who wrote (262)7/13/1999 6:34:00 PM
From: Stephen O  Read Replies (1) | Respond to of 542
 
Sid, Let me put Global Thermolelectric in the same camp as ERC from a market cap POV. Of GLEs $9 share price fully $4 can be ascribed to the non fuel cell business. This leaves $5 * 22 million shares or $110 million Cdn as GLEs fuel cell mkt cap. This is not much compared with Plug Power or Ballard for the potential in SOFCs.