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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (8880)	12/27/1998 9:53:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 14226

Zeev, Thank you for the little negative Christmas prediction re GPGI--But No thanks!! You Sir are correctly with the trend, but remember that at the end of the trend, it is certainly not your friend. Lets play a little game here, just for fun! I am trying a new set of indicators and that stuff, and I will make some predictions, and you can comment upon them and someone can record the results. Here they are: AGPH is a sell at 54 WPIC is a buy at 4.5 TX is a buy when 50 is hit TPL is a sell at the open RBO is a buy when 2 is hit QWST is a sell at 48 PFE is a sell at 121 LHSPF is a buy at 30 HWP is a sell at 68 GE is a sell at 102 Expecting to hear from you, Jack, knower of almost nothing, but feeler of much!!

To: Zeev Hed who wrote (8880)	12/28/1998 11:55:00 AM
From: J.E.Currie	Read Replies (1) \| Respond to of 14226

zeev, Monday December 28 12:40 AM ET New York Venture Nears 'Breakthrough' In Fuel Cells LATHAM, N.Y. (Reuters) - A small, New York-based research venture called Plug Power Wednesday said it successfully demonstrated a natural gas-based fuel cell system, an important step in its goal of making the technology available for residential use in two years. The use of natural gas is a ''breakthrough,'' which means the more than 70 million homes that already use the fuel for heating and cooking in the United States alone will eventually be able to use to meet all their energy needs -- including electricity -- from natural gas, Plug Power said. By coupling the use of low-cost fuels like natural gas with the high efficiency of fuel cell technology, it is estimated consumers can reduce electricity costs as much as 20 percent from what they now pay electric utilities, it said. The residential-sized proton exchange membrane (PEM) system -- which includes a fuel cell stack, power conditioner and a fuel processor developed by Britain's Johnson Matthey Plc -- produced more than 4 kilowatts of electricity this week at the company's development facility near Albany, N.Y. Plug Power, a joint venture of Detroit-based DTE Energy Co. (NYSE:DTE - news) and Mechanical Technology Inc. (OTC BB:MKTY - news), said the operation of a complete system using natural gas was an important step toward bringing Plug Power's residential units to market in 2001. ''Plug Power's mission is to become the first company to make and profitably sell one million fuel cell systems. The achievements of the past six months play a large role in our realization of that endeavor,'' Chief Executive Officer Gary Mittleman said. The venture's plan is to be manufacturing natural gas-based fuel cells commercially in two years -- by January 2001, spokesman John Mousaw said. Earlier this month, the company said it had received a $3 million award from the New York State Research and Development authority calling for delivery of 80 residential-sized fuel cell systems over the next 30 months. Plug Power's demonstration of a fuel cell powered by natural gas was the second in the United States. Last month, NUI Corp. (NYSE:NUI - news) and Energy Partners LC claimed the first successful U.S. demonstration of a PEM fuel cell operating on hydrogen produced from natural gas. Working cooperatively under the name NuPower, they called this a major step in the commercialization of the product. Energy Partners spokeswoman Morna McGann said the fuel cell demonstrated by NuPower used a natural gas reformer built by Epyx Corp. to produce hydrogen to create electricity. She said Energy Partners has also tested a methanol version using a Johnson Matthey processor. NuPower plans to develop and market a line of stationary PEM fuel cells fueled by natural gas and propane for residential and commercial applications, and Energy Partners is already marketing 2 kilowatt to 20 kilowatt units for research and development purposes. The first of these, a 20 kilowatt unit, was delivered to Virginia Polytechnic Institute and State University in October for use in a hybrid electric vehicle. McGann said another had been donated to Texas Tech University's FutureCar Research for installation in a Chevrolet Lumina to be entered in the 10-day FutureCar Competition in June. Plug Power said its natural gas system uses the same design as the company's 7-kilowatt fuel cell prototype -- which has operated since June 1998 on hydrogen and was the first PEM fuel cell system to provide for a home's complete electricity needs independent of a utility grid. This week, Plug Power said, it integrated a Johnson Matthey HotSpot natural gas fuel processor into its fuel cell system. The AC electricity generated from the fuel cell was used to power part of the company's laboratory facility. Last month, Plug Power said, it operated a methanol-based fuel cell power generation system. Earlier Stories N.Y. Venture Nears ''Breakthrough'' In Fuel Cells (December 23)