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   Technology StocksUnited Technologies (UTX)

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To: Patriarch who wrote ()2/20/2000 3:40:00 PM
From: Patriarch
   of 25
RESEARCH ALERT - United Technologies raised

NEW YORK, Feb 17 (Reuters) - Merrill Lynch said analyst Jeanne Terrile raised the intermediate-term rating on United Technologies Corp. (NYSE: UTX) to buy from accumulate.

-- In October, Terrile raised the long-term rating to buy from accumulate but kept the intermediate-term rating at accumulate due to anxiety over aerospace business.

-- "We think that anxiety is passing and we think that the aerospace business is bottoming," Terrile said in a report Thursday.

-- Merrill is confident that United Technologies can deliver 15 percent or greater earnings per share growth in 2000 and 2001.

-- Keeping 2000 earnings estimate of $3.45-$3.50 a share and 2001 estimate of $4.00 a share.

-- Sees $70 12-month stock price based on a multiple of 20 times 2000 EPS.

-- The shares closed at 52-1/8 Wednesday on the New York Stock Exchange

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To: Patriarch who wrote ()2/20/2000 3:42:00 PM
From: Patriarch
   of 25
RESEARCH ALERT- Salomon raises United Technologies

NEW YORK, Feb 15 (Reuters) - Salomon Smith Barney said Tuesday it upgraded its rating on shares of United Technologies (NYSE: UTX) to a buy from outperform based on the company's low valuation.

--"The stock is currently selling at a value only equal to its sum-of-the-parts valuation," said George Shapiro, analyst at Salomon, in a research note.

--Salomon Smith Barney said its expects the technology and industrial giant to see earnings growth of at least 15 percent in 2000 and possibly at a higher rate in 2001 as restructuring benefits are fully realized.

--United Technologies also stands to gain from the Asian recovery as nearly 20 percent of sales are from Asia, Salomon said in the note.

--Shares of Connecticut-based conglomerate, which is one of the 30 stocks in the Dow Jones industrial average, closed up 2-1/8 at 52-7/16 on the New York Stock Exchange amid a broad stocks rally.

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To: Patriarch who wrote (3)9/21/2000 11:35:50 PM
From: jbkelle
   of 25
UTX and Fuel Cells...Some recent announcements

United Technologies cautious on fuel cell IPO
By Simon Hirschfeld

NEW YORK, Sept 20 (Reuters) - United Technologies Corp. (NYSE:UTX - news) is considering a partial IPO of its fuel cell business, but also sees negative aspects to such a move, which could distract from focusing on the high growth-potential business.

Tuesday September 19, 8:15 am Eastern Time
Press Release
SOURCE: International Fuel Cells
UTC'S International Fuel Cells and Shell Agree to Establish Fuel Processing Joint Venture
SOUTH WINDSOR, Conn. and HOUSTON, Sept. 19 /PRNewswire/ -- International Fuel Cells, a unit of United Technologies Corporation (NYSE: UTX - news), and Shell Hydrogen US, a division of Shell Oil Products Company (Shell), today announced their intent to establish a 50-50 joint venture company to develop, manufacture, and sell fuel processors for the emerging fuel cell and hydrogen fuel markets.

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To: jbkelle who wrote (4)9/24/2000 11:21:26 AM
From: a.m. fisher
   of 25
Then for starters maybe they can begin to break out their fuel cell numbers in their financial statements ... at least do that ?!?


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To: a.m. fisher who wrote (5)11/9/2000 10:55:22 PM
From: jbkelle
   of 25
From another thread, IFC partnerships mentioned:
Message 14771188

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To: a.m. fisher who wrote (5)12/18/2000 12:17:25 AM
From: jbkelle
   of 25
a.m. fisher...Check out this...

Thirst For Juice
The Hartford Courant
December 17, 2000

Demand for electricity is growing worldwide, but reliable supplies of power are not always where they are needed. And the uncertainty is a major headache to companies whose businesses depend on uninterrupted power.

For United Technologies Corp., the uncertainty is an opportunity.

UTC sees the volatility and deregulation of electric power markets as a critical window to boost its sales of power generation equipment. And it is in the market with very different technologies - gas-powered turbines and environmentally friendlier fuel cells.

The venerable aerospace and building systems manufacturer is admittedly playing catch-up in power generation - even though its International Fuel Cells has one of the world's only commercially available fuel cells and Pratt & Whitney has been in the gas turbine business for 40 years.


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To: jbkelle who wrote (4)5/9/2001 1:18:23 PM
From: FR1
   of 25
Can somebody bring me up to date on the Fuel Cell business that UTX owns? It is a real hot business right now and I wonder what UTX is doing about it. FCEL and DiamlerChrysler just installed a Fuel Cell plant that runs a hospital in Germany.

FCEL, PLUG, etc are getting a lot of stock appreciation just due to the "story" of Fuel Cells.

I would hate to think that UTX winds up sitting on its ass and doing nothing with a great product. You don't hear UTX mentioned when Fuel Cell talk is in the news and it seems to me that we should.

Anybody know anything about UTX plans in the Fuel Cell business?

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To: Patriarch who started this subject9/4/2001 12:30:52 PM
From: Copperfield
   of 25
IFC's Sale Of PC25(TM) Power Plant To Woking, England, Gives United Kingdom Its First Fuel Cell

SOUTH WINDSOR, Conn., and WOKING, England, Sep 4, 2001 /PRNewswire via COMTEX/ -- International Fuel Cells, a unit of United Technologies Corp. (NYSE: UTX), today announced the sale of a fuel cell system that will power a recreational center in Woking, England and be the first commercial fuel cell operating in the United Kingdom.
Woking, a community of 93,000 people, is located 25 miles southwest of London. The 200-kilowatt PC25 system will be installed at Woking Park and will provide electricity and heat for the Pool in the Park recreational center as well as electricity to light the park. In the summer, the heat will be used to meet the recreational center's air conditioning, cooling and dehumidification requirements via heat-fired absorption cooling. The PC25 produces 900,000 Btus of heat.

"The installation in Woking is yet another milestone for IFC and the PC25 power plant," said IFC President William Miller. "PC25s now provide clean, efficient and reliable energy in 17 countries on six continents, further demonstrating its capabilities and IFC's leadership in the fuel cell industry."

The PC25 is part of a larger, combined heat and power system that will include a 1.35 megawatt reciprocating engine and solar photovoltaic cells, which will be provided by other vendors.

"Installing a fuel cell is a logical part of our ongoing efforts to promote and use sustainable energy sources," said Allan Jones MBE, Energy Services Manager. "We are proud to be the first site in the United Kingdom to employ fuel cell technology in everyday use."

Jones said that Woking Borough Council is the only local authority in the U.K. to supply electricity directly to customers on private wire networks, which enable the council to make better use of green technologies such as fuel cells by maximizing the true value of green electricity rather than selling the electricity to the grid at a far lower price.

Jones said that this innovative feature also enables the council to continue to supply electricity as well as heat and cooling in island generation mode at full load in the event of a failure of the national grid, thus providing further security of supply to customers.

Jones said this is only possible on private wire networks and this project will be the first example of a fuel cell operating as part of such a system.

The council intends to make the fuel cell visible to the public and to provide information for visitors on how the power plant operates. The fuel cell system is scheduled to begin operating by year-end.

The council this year became the first local authority ever to win Britain's most coveted commercial award, the Queen's Award for Enterprise, in recognition of its groundbreaking approach to local sustainable community energy systems and the practical steps it is taking locally to tackle global warming.

A fuel cell is an electrochemical device that combines hydrogen, or hydrogen-rich fuel, and oxygen to produce electricity, heat and water. Fuel cells operate without combustion, making them almost pollution-free. While a traditional generating system produces as much as 25 pounds of pollutants to generate 1,000 kilowatt-hours of electricity, the PC25 power plant produces less than an ounce. IFC has manufactured the PC25 power plant since 1991 and has delivered more than 220 units.

International Fuel Cells is the world leader in fuel cell production and development for commercial, transportation, residential and space applications. IFC is the sole supplier of fuel cells for U.S. manned space missions and the only company currently producing a commercially available fuel cell power plant

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To: Patriarch who started this subject9/17/2001 4:42:17 PM
From: HerbVic
   of 25
Hit hard by the WTCD! What is the reason?

I've started a new thread to discuss Defense Play in Motion.
Subject 51733


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To: Patriarch who started this subject1/12/2002 3:59:33 PM
From: Nazbuster
   of 25
Any interest in this stock on SI? I've held for awhile, but Friday showed a break in the uptrend. In addition, Gary B. Smith rated it a SELL on his show this morning on Fox TV. He predicted a 30% downswing.

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