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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY) -- Ignore unavailable to you. Want to Upgrade?

To: billkirn who wrote (201)	5/27/1999 5:23:00 AM
From: Jongmans	Read Replies (1) \| Respond to of 542

SEC Filing According to the most recent SEC Filing of MKTY, MKTY's participation in PLUG POWER will be 34% Martin

To: billkirn who wrote (201)	5/27/1999 5:54:00 AM
From: Laurens	Respond to of 542

I agree that there may still some go left.. They are in a new exciting field and in this type of market,new investors' demand may put another nice gain. I got in near bottom last year, and been adding over the months, I plan to sell 25% securing the return of all investment in MKTY,and then let the rest "freewheel".

To: billkirn who wrote (201)	5/27/1999 4:11:00 PM
From: billkirn	Read Replies (1) \| Respond to of 542

Modifying model to reflect 34% instead of 20% in Plug Power. Comparing Market caps. Ballard is around $2.9 billion, and MKTY is around $209 million. I think MKTY has a 20% (34% )interest in Plug Power, and Plug Power may eventually reach a $1.5 billion market Cap, once it goes public. (wild guess) So maybe MKTY's market cap could reach $300 ($500) million. So maybe we have another 50% (150%) to go. That makes it tops at $35 ($55) to $40($70) range. (I still think in the short run if it reaches the $45 to $50 level I will sell) It is not an internet stock, the public is not focusing in this area, and still very low volume. The action must be coming from industry folks. Any thoughts about the pricing model and considerations about the companies prospects? Bill