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To: B.K.Myers who wrote (71)	9/13/2000 12:38:59 AM
From: BSD	Respond to of 196

Excellent analysis B.K. I too am watching this one like a hawk. It seems that FCEL has been "discovered" and is traversing into the realm of a momo play. I believe we will enter a period of great volatility as traders play the swings. The split comes at an extremely opportune time. Is it a coincidence or masterful orchestration?? The sudden affordability may compel many to jump on the band wagon for the ride. This could continue to push us up. I could hear the shorts screaming in agony this morning. I sure don't have the nerve to play it that way. At least not yet.... Yes, the next two days should be interesting! Once again, thank you for your insightful analysis.

To: B.K.Myers who wrote (71)	9/13/2000 12:41:38 AM
From: Wafa SHIHABI	Respond to of 196

I have no trouble agreeing with your analysis and the target picked by J&C at the same time. If FCEL succeeds, then even 440 may prove pessimistic, one day. The operative phrase being; one day, of course. In the meantime it will not be a straight line dash upwards. I have missed so many intermediate tops along the way on other stocks (Look at any super conductor chart. I've been in most of them for over 2 years, and missed cashing out in any significant fashion last March) It really hurts after a while. You do the research, catch the gems, but miss out on the windfall. What I try to do now is when a peak like this takes shape I start off-loading 10-15% of my position on each day down from the peak, never reducing below 50% of my position. As I am not a day-trader, missing the peak leaves some money on the table, but that is fine as my gain on most of them is in 3 digit percentages anyway. This strategy seems to be working better for me. However, I must warn that it may not work as well for others, and each must evaluate what is best for them. Good luck to you.

To: B.K.Myers who wrote (71)	9/13/2000 8:08:04 PM
From: B.K.Myers	Read Replies (4) \| Respond to of 196

Today's price action was to be expected. The price gap between 158.25 and 165.88 has now been filled. Although we closed lower today (164.97) than yesterday, we did close above the Monday close. I view that as a positive. With 7.69 million shares outstanding, when FCEL reached $131 per share, its market capitalization crossed the $1 billion mark. The $1 billion market capitalization allowed a new field of institutions to purchase FCEL. It was at this point that you could see an increase in the number of shares traded. Indeed, volume has been increasing since then. Therefore, I believe that the $131 mark is very important. With FCEL currently trading at $165 we seem to have a safe cushion. But remember it only took one week to climb from $131 to $165, and stocks generally fall faster than they rise. With the stock split occurring tonight, there might be some more selling tomorrow and Friday. As long as we stay above $131 ($65.50 after split), I feel secure going forward. B.K.