Ida Tech
(IDA)
I have no idea why I think this... but Ida Tech is a part of an Idaho power company, IdaCorp (IDA) , that may be into fuel cells.... and could have Bill Gates as an investor. I have found many links that say Bill Gates bought 5% stake in Avista Labs....
and recent news on Hoku suggests idacorp' s know how has something to do with Hoku's recent upgrades. Personal note: HOKU is pure spec and unless you are a gambling man...
The safer Fuelcell investor:
Idacorp provides electric power and has a dividend you could count on...plus the stock has been around $30 for five years....dividends (+/- .30 ) provide a positive yeild compared to other fuel cell companies...
I guess if you watched Jim Cramer on Mad Money (CNBC) a week ago, when HOKU was $8 and Cramer said not to buy over the closing price that day, the recent $12 is a respectable gain.......but long term?
From Web site
TheStreet.com - RealMoney.com
Can't Use Valuation on Hoku
9/20/2005 11:30 AM EDT
By James Cramer
These only measure for the beauty of these under-$10 monsters is in the eye of the last beholder.
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