Forum Archive Index - September 2000

["Kevin Young" <youngk@zfree.co.nz>]

Both of the previous comments on PLL are a bit incorrect.

Firstly LITH share price only went up 40% because they were way undervalued
due to no news. LITH has been trading up to US$2 in recent months.

Secondly PLL is currently been migrated to US and there will be no trading in
the stock once PLL converts to Ilion shares until the IPO in January 2001.

Thirdly and most important is that Ilion IPO will be based on the latest, 
hottest
craze, Distributed Power not Hybrid Electric Vehicle batteries. Ilion will be
in the same market as Capstone. HEV will only represent approx 10% of the 
valuation
of Ilion IPO.

PLL shares was last traded at US$6.50 with an expected IPO price of US$15. The
best thing about investing in PLL is that when you sell your shares you get
paid in US dollars.

I hope this clarify PLL situation.

Email me if you want to know more on PLL.

Later



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