Publication date:18-September-2003 

FuelCell Energy, Inc. (FCEL) - Update
J. Peter Lynch

FCEL has broken above a technical base it has been forming in the $8.00 to $10.00 range.  It has also broken upside resistance at $10.50 and has been demonstrating excellent relative strength verses the market since late May 2003, a very positive long-term indicator.

The August blackout of 2003 has clearly demonstrated the vulnerability of the national grid and the out dated "centralized" generation system that was designed over 100 years ago.  The effect of the blackout and resultant outages on critical applications has increased awareness of "distributed" generation as the solution.  Distributed generation is much more efficient and secure and removes load from the grid lessening the probability of a grid failure and increasing reliability at customer sites.     
 
FCEL is the leader in Direct Fuel Cells (DFC) these cells operate at very high temperature (1,000 degrees F) and are ideally suited for large distributed generation applications, a building or industrial power plant.  Because of their high operating temperature they also produce excess heat that can be used for local heating of buildings, thereby dramatically increasing overall system efficiency.

Stuart Energy Systems Corporation (HHO) - Toronto Exchange

J. Peter Lynch
 

HHO has been consolidating recent gains after forming a base in the $3.00 to $3.25 range since September of 2002.  It has shown good relative market strength (positive long term indicator) and has recently pulled back after a run up into the $5.00 range.

It appears to be forming a new base in the $3.50 to $4.00 range; a break above this range may indicate further advances.  The company has a unique approach to the distributed energy/hydrogen marketplace and has approximately 2 years of cash reserves at the current burn rate.

HHO recently (June 2003) signed a deal with Shell Hydrogen to develop and market HHO's home hydrogen refueling product.  Shell Hydrogen, a global business of the Royal Dutch/Shell Group of Companies signed a development, marketing and sales agency agreement with Vandenborre Technologies N.V., a wholly owned subsidiary of Stuart Energy Systems Corporation.  The agreement gives Shell Hydrogen access to Vandenborre's electrolyser - based hydrogen home refueling products.

This home hydrogen-refueling unit would consist of a small-scale electrolyser that converts water from the home domestic supply into a slow stream of hydrogen.  This unit could be powered by grid electricity or by a renewable source of energy, such as Photovoltaics.  The only local emission is oxygen.  The technology offers the prospect of drivers parked at home at the end of the day and connecting their vehicles to home refueling units for a steady refill overnight.

On Wednesday, September 17 2003 HHO unveiled its alpha prototype Personal Energy Station (PES), a unique energy platform with the potential to redefine how energy is produced, distributed and used on a personal basis. The PES system features a complete zero-emission energy cycle and is able to provide hydrogen fuel for vehicles as well as back-up or supplementary power for a home or cottage using renewable or grid electricity. The PES provides another glimpse into the future of truly distributed energy production.

Mr. J. Peter Lynch, Solar Energy/Renewable Energy Guest Columnist

Mr. Lynch has over 25 years experience working as an investment banker in New York, with start up and development stage companies in the technology, computer and medical fields.  In addition, he has worked for 25 years as an independent securities analyst in small emerging technology companies with a primary focus on alternative energy and has served as a contributing editor for the past 15 years to the Photovoltaic Insider Report, a leading alternative energy publication primarily directed at industry.  Mr. Lynch is available for interviews upon request.
 

Investorideas.com free Investor Incite Newsletter consists of:  company and industry updates, investment research and developing trends.  It's an excellent way to keep updated on news, events and Investor Ideas in key areas such as Homeland Security, Renewable Energy, Natural Gas, Nanotechnology and more... Read industry updates from guest columnist J.Peter Lynch in his monthly feature on Renewable Energy.  To sign up click here: http://www.investorideas.com/Resources/Newsletter.asp
 

Investor Research includes:  Natural Gas Stocks, Homeland Defense Stocks & Security Stocks Directory, Nanotechnology Stocks & Industry, Renewable Energy Stocks & Clean Energy Industry, Drug Delivery Stocks & Industry, Environmental Technologies Stocks & Industry, Mortgage Banking Stocks, Fire Protection / Building / Construction Stocks and Industry, Aviation / Aerospace Stocks & Industry, Recreational Vehicle (RV) Stocks & Industry, Toy Stocks & Industry, Internet Stocks & Industry, Telecommunications Stocks & Industry, Gold Stocks & Industry and China - Asian Investment.

ECON Investor Relations, Inc. and ECON Corporate Services, offer clients customized, comprehensive corporate IR/PR programs, corporate strategies and industry research within specific sectors.

Companies interested in sponsoring or contributing to the site please contact:

Dawn Van Zant / Trevor Ruehs

For more information contact:

Dawn Van Zant / Trevor Ruehs

Toll free:         800-665-0411

Email:             dvanzant@investorideas.com or truehs@investorideas.com

Web Site:       http://www.InvestorIdeas.com

ECON Investor Relations Inc., (Econ Corporate Services) is a privately owned corporate communications company specializing in investor relations, media relations and research in public companies and industry sectors for the investment community.  Nothing on the site should be construed as an offer or solicitation to buy or sell any specific products or securities.  All investments involve risk.  Past performance does not guarantee future results.  Investigate before you invest.  Although we attempt to research thoroughly, there are no guarantees in accuracy.  We encourage all investors to use our research as a resource only, but to further their own research on all featured companies, industry research and articles featured.  Our Investor Pick of the Month is not a solicitation, but should only be viewed as a suggestion.
 

Disclaimer http://www.investorideas.com/About/Disclaimer.asp