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Technology Stocks : Capstone Turbine Corporation (CPST) -- Ignore unavailable to you. Want to Upgrade?

To: Zeke who wrote (240)	10/6/2001 4:34:05 PM
From: Bob Rudd	Respond to of 455

I looked on yahoo where, on some boards, employees hang out. Found no mention....not implying it isn't occurring, just that I found no indication. One possibility is that they have completed certain research and design phases and they need less folks that work on those projects...with slowing economy, they're focused on keeping costs down. <<I know people in the company and I know that many are leaving- I just don't know why>>Perhaps you could ask you know and tell us what they say, Zeke. TIA, bob

To: Zeke who wrote (240)	10/6/2001 5:00:41 PM
From: Bob Rudd	Respond to of 455

It appears GE is buying Honeywell's semi-lame microturbine biz as part of merger end: <<FAIRFIELD, Conn. and MORRIS TOWNSHIP, N.J., October 2, 2001 - GE (NYSE: GE) and Honeywell (NYSE: HON) announced today that they have terminated their merger agreement. ---SNIP--- In addition, GE agreed in principle to acquire two businesses from Honeywell with estimated, aggregate 2001 sales of $35 million (Tensor, an oil and gas sensor business, and Honeywell Advanced Composites) and certain technology related to micro turbines and fuel cells. Terms were not disclosed>> GE doesn't like to be in a biz unless it can be #1 or 2 and from what I hear, Honeywell's platform is unlikely to to get them there. So perhaps GE might become a prospective purchaser of CPST? CAT would still be a serious competitor, so a GE+CPST combination would stand a chance getting thru HSR scrutiny. Just idle speculation on my part...no info whatsoever to support it.