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

To: AnnieO who wrote (16)1/22/2000 12:38:00 AM
From: Krowbar  Read Replies (1) | Respond to of 83
 
AnnieO, I assumed that you already owned PLUG. I'm not trying to talk you into buying it, I just meant that if you already had it, it would be hard to guess the price swings.

You wouldn't be lugging bottles of propane to your country house. The normal way to do it is to have a large propane tank, sometimes called a "pig", and have a truck come out to fill it, much like heating oil. If there is natural gas nearby, so much the better. It usually costs much less to run a gas line a couple of miles than an electric line, which can cost 25K per mile.

It will be interesting to see what happens to the price in the weeks ahead. The analysts are having a tough time evaluating fuel cell companies. There's bound to be a correction at some point, but I was never too good at timing them. I will hold for years.

Del



To: AnnieO who wrote (16)1/22/2000 12:05:00 PM
From: Fisherman1  Respond to of 83
 
PLUG is high very high but how long is a piece of sting and how high is high?
That being said; Merrill filed a 13G : they bought for advisory clients 11% of plug 4.4 million shares see the sec filing.
PLUG has 200 mill from the underwriting and pre ipo warrant exercizes ... GE bought an additional 3 million at 12.50
Plug has on its board Robert Nardelli the CEO of GE Power Systems a 9.5 billion part of GE Mr Nardelli is also a director of GE Capital


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