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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (2814)	7/3/2000 9:55:25 AM
From: Oak Tree	Read Replies (1) \| Respond to of 13572

OK I overstated the CRA problem. As you say they are rich, hardly dead, and can do something someday -- but I suspect they will never make back their original expense or even justify the billion they have in the bank. Its fine to have plans for plants, but there again, the data is available for free and lots of people know how to write search engines.

To: mishedlo who wrote (2814)	7/7/2000 12:37:36 PM
From: jhg_in_kc	Respond to of 13572

could be another PWER. Bears watching, CPST. Gilder mentions the stock as pioneeering a product which is to power supply as the PC was to the mainframe in computing.<br> <<rom Bloomberg News <br> Capstone Turbine Corp. shares jumped 20% Wednesday after a New Zealand newspaper reported that Fletcher Challenge Ltd. might sell its 11% stake in the Woodland Hills-based maker of generators for homes and small businesses. <br> The shares surged $7.69 to close at $46.75 on Nasdaq. They've nearly tripled since Capstone sold a 12% stake to the public last week, giving the company a market value of $3.43 billion. <br> Auckland-based Fletcher plans to sell the Capstone stake to concentrate on its forestry, energy and construction businesses, the New Zealand Herald reported. Capstone lost a total of $142.2 million from 1998 through March 31 and doesn't expect to post a profit until 2002. <br> Capstone makes generators able to produce as much as 30 kilowatts of electricity, enough to power a convenience store. The company plans to begin shipping larger units this year. <br> Capstone's microturbines are fueled by waste gas from oil and natural-gas wells, in addition to more conventional fuels. They're seen as a rival technology to fuel cells, which produce electricity using an electrochemical reaction that emits almost no pollution. Both technologies can generate electricity independent of a grid. <br> Capstone's biggest investors are Southern Union Co., a gas-utility owner based in Austin, Texas, and Vulcan Ventures Inc., the investment vehicle for Microsoft Corp. co-founder Paul Allen. >