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To: tuck who wrote (4553)11/23/1999 11:34:00 PM
From: John Stichnoth  Respond to of 5827
 
tuck, One thing I have heard in general, which rings true here, is: When a company makes the transition from research to commercial implementation, (1) it gets quiet as to just what it is doing, so as not to show the competition how it is implementing the commercial phase, and (2) the interested stockholder base changes. The early holders start to melt away, and with nothing significant apparent to the public, no new buyers are attracted to the stock. PLUG's got the advantage of just having been "on the road".

While I'm disappointed in the softness in the price, it can be reasonably explained even with no deterioration in BLDP's fundamentals.

Best,
JS