SI
SI
discoversearch

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


To: Tom Hua who wrote (378)10/9/1999 12:29:00 PM
From: Fisherman1  Read Replies (1) | Respond to of 542
 
Tom, We have agreed to disagree, I look at what I think is a full glass.
CLIC came public by Goldman & HQ the same day as PlanetRX. CLIC
came at 14.00 closed today at 50.00 on over 2.6 mill shares volume and has had a range of 40.00 to 62.50 in two days.
PLUG has backing from GE and a director of GE Capital on its board.
Nardelli the president of GE Power Systems a 7.5 Billion division of GE is on the PLUG board.
CMGI, Berkshire have big premiums over net assets.
Plug's float is relatively small and the addition of MKTY gives larger
institutions the ability to invest. MKTY has 13.7 mill shares of PLUG MKTY has only 10.7 mill shares outstanding.
I do not think MKTY has to sell its PLUG shares, they should spin them off at some time in the future like ATT & LUCENT
George McNamee the chairman of PLUG/MKTY/FACT is a director of the NYSE and very street savvy.
I think BLDP's $2.4 billion market cap is an indication of where PLUG
will have a market cap with the participation of GE SRE DTE.
PLUG / Fuel Cells are a good growth play which has close to internet
excitement possibilities.
Both of us have good ideas for being long or short and I am bullish on
PLUG/MKTY/FACT



To: Tom Hua who wrote (378)10/9/1999 12:33:00 PM
From: Glass House  Read Replies (1) | Respond to of 542
 
Tom, are they still thinking the IPO will be out this month? And are you looking for a pre-IPO spike up? (MKTY is looking like a good candidate but has softened some already). Glass