The Boy Who Cried Fuel Cell...

FCEL

a rising but distant star - the most misunderstood fuel cell company on the planet...

I just want to focus on 1 highlight of this quarter's results...

"Research and development contract revenue was $5.5 million, up from $2.5
million in the 2006 fourth quarter resulting from increased activity on the
Company's multi-MW coal based solid oxide contract with the U.S. Department of
Energy." --> excerpt from this quarter's FCEL results and accomplishments statement.

why is this important - what does this statement mean?

This is important because America has a lot of coal, and this project is improving a means by which coal is converted to electricity without combustion. Current DFC plants run at 47% efficiency - 80% utilizing CHP systems.

This statement likely means that research on coal based solid oxide Direct Fuel Cell technology is going well, and the DOE increased the budget to expedite completion of the remaining trial phases. (a little history here - FCEL's DFC system met all the validating criteria put forth by the DOE 6 months ahead of schedule in live-function trials.

FCEL remains prone to volatility and profitable entry points should continue to emerge in the likely and frequent future price swings as the investor market awareness grows amid the profit-chopper trading activity.