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Plug Power (PLUG)
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Emcee:  Scoobah Type:  Unmoderated
Power Plug seeks to raise $117.3 mln in IPO

WASHINGTON, Aug 27 (Reuters) - Power Plug Inc., a company designing and
developing a new system to provide electricity, filed to raise as much as $117.3
million in an initial public offering, a Securities and Exchange Commission
filing said.

The company didn't disclose how many shares it planned to sell or a projected
range per share, information that will likely come in subsequent filings.

Power Plug said it is developing a residential fuel cell system, initially
approximately the size of a refrigerator, that will take in natural gas or propane
and convert it into a hydrogen-rich stream and combine it with oxygen to
generate a chemical reaction that produces electric power.

The company said it has been selected by General Electric Co. (NYSE:GE -
news) to exclusively provide fuel cell systems for residential and commercial
applications under 35 kilowatts.

The Latham, New York-based company, with $14.7 million in net losses during
the first six months of this year, applied to sell its shares on Nasdaq under the
symbol (Nasdaq:PLUG - news).

Power Plug said it plans to use $20 million raised for manufacturing equipment,
facilities and other capital expenditures; and an undetermined amount for
research and product development, market development, potential acquisitions,
and other general corporate purposes.

The $117.3 million figure cited in its IPO filing was used only as a basis to
calculate the SEC registration fee, the filing said.

The IPO underwriters include Goldman, Sachs & Co., Hambrecht & Quist,
Merrill Lynch & Co. and FAC/Equities.
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769Fuel-Cell Market Update: Plug Power Wins Amazon Deal, Bloom Mystery Persists WeGlenn Petersen-April 17
768PLUG pig is trying $1 today!!Brasco One-1/19/2011
767cant believe this plug pig was trading at $200 a share in 2000 and now the priceBrasco One-11/2/2010
766PLUG back to $145!!! booya!!Brasco One-5/17/2006
765will alternative fuels save the big 3? not this one but it might fuel RUSSIA .Susan Saline-4/17/2006
764Hold. Sell over $10 or $11. Still not a long term hold since there is no clear pOak Tree-4/19/2004
763FPL Helps Unveil Fuel Cell at North Port High School; FPL and Others Study FuelSusan Saline-4/8/2004
762PLUG POWER 52 wk high buy sell or hold?Susan Saline-1/2/2004
761I am hopeful that this is the beginning of a major recovery rally in all FC stocScoobah-4/2/2002
760Looks like PLUG may be moving up due to the Middle East.Rich23241-4/2/2002
759See below for "explanation" of today's fuel cell rally. Message 1BSD-1/8/2002
758OK gang.. I see no obvious PLUG news..yet it is up over 3 dollars a share today.Ron-1/8/2002
7576/25 7:29ET Plug Power (PLUG) 18.73: Receives negative write-up in the Alan AbelJim Oravetz-6/25/2001
756What do you think about today's events? (eom)Darth Trader-4/26/2001
755Solid Oxide Fuel Cell as an APU in Heavy-Duty Vehicle .. Thank you Delphi AutomoCH4-4/19/2001
754H2FC's VISIT TO PLUG POWER H2FC visited Plug Power on February 27th. The viFisherman1-4/15/2001
753GE Power Point Presentation to DOE on Plug Power eren.doe.govFisherman1-2/12/2001
752I have visited the plant and there are more than 15 cells of the smaller second Fisherman1-12/26/2000
751I wonder if these analysts have actually visited the PLUG plant to see if they hScoobah-12/25/2000
750PLUG Upgraded from Accumulate to BUY by Friedman,Billings,Ramsey and Co's AnJongmans-12/25/2000
749Wheww ... rumour has it that now that the Naz is back, Plug is looking into gettW. Randy Gast-12/22/2000
748PLUG Coverage Initiated By Adams Harkness ( Mkt perform) martinJongmans-12/22/2000
747Looking good today I think we are finially off the bottom.BC-12/21/2000
746Roger B Saillant/ martinJongmans-12/19/2000
745Saillant/Visteon martinJongmans-12/19/2000
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