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


To: Jongmans who wrote (506)1/26/2000 2:41:00 AM
From: billkirn  Read Replies (3) | Respond to of 542
 
If Mechanical technology stock price was based only on
60% or 50% of the 32% ownership of Plug Power it would look something like this.
Assumes: 43m shares for Plug Power and 12.3m shares for Mechanical Technology


40% Discount 50% Discount
Mkty Price = .60xPlug Pricex43/12.3*.

Plug Price Mkty(40% discount) Mkty(50% discount)
131 $87.93 $73.27
Examples
50 $33.56 $27.97
75 $50.34 $41.95
100 $67.12 $55.93
150 $100.68 $83.90
200 $134.24 $111.87

At todays price it looks like the market is giving
Mechanical a 53% discount or more. We should keep track
of this number to better predict Mechanical's stock price
relative to Plug Power.

I will work out the impact of Satcon later. Bill
Let me know if you have a different calculation.