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Technology Stocks : Plug Power (PLUG) -- Ignore unavailable to you. Want to Upgrade?


To: BayTay who wrote (84)1/8/2000 1:13:00 PM
From: professor  Read Replies (2) | Respond to of 783
 
greetings,
Saw PLUG traded down in afterhours closed at either 72 or 73 from 78.

MKTY was up to $38 from $35.5 close.

Still, trying to understand this wide spread. According to my calc every one share of MKTY should equal about 1.15 of PLUG. Also, MKTY owns 16% of SATC. So there is a huge discount, hopefully the others will notice the arbitrage that can be made. I am not sure why the discount should be in excess of a 100%.

PLUG = 72 x 1.15 ratio = $82.8 / share value for MKTY.

Remember do your own DD.

Prof.

disclosure: I am a holder of MKTY and not PLUG.



To: BayTay who wrote (84)1/8/2000 1:30:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 783
 
PLUG<---------GOT SLAMMED After houRS>>>>>>

down 10..........so far!!



To: BayTay who wrote (84)1/9/2000 6:10:00 AM
From: kendall harmon  Respond to of 783
 
Bret, PLUG closed at 73 x 74 on Island after hours:

newgritch.island.com

I do not know who your friend is, but he/she is not correct.
It is important to keep in mind that after hours quotes are not always a reliable guide to what will happen the following day.

Monday's open will depend a bunch on weekend commentary and any further analyst comments. You are wise to check things out.