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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: JLS who wrote (25386)	5/5/2000 12:57:00 PM
From: Rande Is	Read Replies (3) \| Respond to of 57584

Julie, MMPT was pumped by analyst on CNBC a while ago. Meanwhile, PLUG looks done here on the selloff. . . averaged down. . .on what I believe is an overreaction. . [technically, we originally bought at $16. . .so averaging down on recent buying activity] I mean think about it. . . there really is no competition out there. . . so if GE wants to sell those fuel cells to the electric utilities, which are pounding on their door. . .they either buy from PLUG, where they have invested. . . & with their huge new factory in upstate New York. . .or they find another start-up company and start over from scratch. Ballard only does car fuel cells. . .and any other company is so much smaller that GE would never deal with them. Those 450 units only represent about $5 million in revs anyway. . . and PLUG hardly built that big factory just to make 450 products. Sounds to me like PLUG short-sellers persueded some journalist to hype up a non-news event to further their position. Hello?! SEC? You listening? Staying with my original outlook from back before the PLUG IPO. . . this will one day be a major player. Rande Is