Did everyone here go broke????

That was quick...Gene's response

Dear Sir:

Thanks for your note. Regarding the recent court proceedings you refer to, it's our policy not to comment on litigation while it's still in process. We are aware that there is considerable public information available based on the filings and hearings made thus far, but we are not commenting on it at this time. We continue to defend ourselves vigorously as was stated at the outset, and we maintain that the lawsuit is without merit. When there is material news to announce in this matter, be assured that we will do so.

To your other question, all job postings on our website (with the exception of the administrative assistant) are new positions, not replacements. They are directly related to our planned ramp up of flywheel testing, production and deployment in the field.

Thanks for your support of Beacon Power.

Kind regards,
Gene Hunt
Investor Relations


Sent: Thu 2/7/2008 10:57 AM
To: Hunt, Gene
Subject: Yesterday's hearing

Good morning,

Buzz on the message boards.
Can you confirm that the Judge allowed change of venue to MA, or does this have to be released through a PR?
Also, it appears quite a few new job openings are being posted on the website. Are these jobs for expansion or replacement of current jobs that have been vacated?

Thanks,
Mike

I just emailed him. Picked up a few more shares today.

From Springer, it appears the Judge granted change of venue to MA
Has anyone emailed Gene for confirmation?

Latest article in the Eastwick Press
A good read.

http://www.eastwickpress.com/stephen/

Question.... I was watching the volune yesterday on BCON and at one point noticed at least 6 times in a row 10,000 share trades.
During this time, none of the lights lit up indicating buys or sells and the share price stayed the same.
I find this to be rather strange, as not long after that, it went back to small trades with the price jumping around constantly.
Any ideas????
Wish I would have waited with my last buy... I guess I'm now a
long, at least until I get back to even. Don't know whether to laugh or cry....LOL

Genes reply

Dear Sir:



Thanks for your note. The article you read was written by a local reporter who attended a public meeting that included a follow-up question and answer session. Beacon’s Chief Technical Officer answered some standard questions about our proposed frequency regulation plant, all of which was public information already. The information in the article is factual, and we would hope is seen positively by investors. We also believe that it helps the process for local residents to know what we’re doing in their area, and the local media is the best way to make that happen.



As we’ve said on many occasions, the absence of a formal press release from Beacon does not indicate that nothing is happening. On the contrary, we are actively working on many fronts as you know. It has consistently been our policy to announce material news (decisions, approvals, contracts, shipments, certifications, partnerships, etc.) when it happens, but generally not to report on interim steps along the way. This particular meeting in Stephentown was routine and is part of the standard process of gaining site approval, which we are still pursuing. We also expect it will be repeated in other ISOs as we move forward with subsequent plant applications. As soon as there is a formal decision made as to approval for this (or any other) site, we will certainly announce it.



To clarify one point: we have executed an agreement that provides Beacon with an *option* to buy the property in Stephentown NY. Once we have the necessary approvals to build a plant on the site, we will exercise the option. In our view (and we respect the right of some to disagree), having an option to buy a parcel of land as part of an overall process that is still under way is a minor piece of news that in and of itself does not warrant a press release. I hope you understand this position.



Thank you for your support of Beacon Power.



Kind regards,

Gene Hunt



************************

Director of Corporate Communications

Beacon Power Corporation

office: 978-661-2825

fax: 978-694-9127

email: hunt@beaconpower.com

************************

bagholder101
I would rather not post my email to Gene.
It was mainly questioning the Stephentown newspaper article.
Gene did however send the same reply to another person that must have emailed him as well. He posted it on the yahoo board a short time ago. you can read the reply there.

Mike

Nice recovery on BCON. I emailed Gene today for the first time. Not sure whether or not I would get a reply.
I didn't ask questions that I knew he couldn't answer but did voice a couple concerns about PRs and Stephentown newspaper article.
To my surprise, I received a reply this afternoon. I'm impressed and even though I tend to flip it a lot, I think this could be a long term play. It appears that good things are happening behind the scenes.

Bid support yes. Taking a chance I caught it at the bottom or close to it.

Back in BCON @ 1.41

How low will it go this time???
I don't want to jump back in BCON too soon : )

dansontoupe...I'm happy with a GRIP and hopefully I will get a chance to get back in. Been bit once on BCON due to greed and don't want to do that again...lol

CW...Very Hard. When it hit the 1.36 this morning, I almost panicked and sold. Glad I took the chance and held on.

Out Bcon @1.68 +.15 eom

Back in BCON today..eom

Good job : )

CW...No. I was in this one for awhile.
Flipped it a few times and then took a hit.
In this case, back to even is good.

Anybody else having a great
day with GRP today???

TKS CW... Hoping to get back
in on a pullback.
Would like to get back in BCON as well.
Maybe should have taken a chance at 1.65
Previously got out at 1.70

Out VPHM 8.44 - 9.10 +.66

Yes, but I'm satisfied if I stop out. eom

I'm holding also, however I did put
in a stop limit @ 9.10

VPHM..... Debating whether to take
my profits or set stop limits and hold it for awhile.

My favorite day trading stock lately is
GRP...In yesterday @ 46.70 out today @ 48.05
+1.35 : )
Still hold a position in another account
Out of town for some continuing ed tomorrow.
GLTA

Guess I jumped the
gun on VPHM. Fortunately my GRP is making up the difference.

CW...Sorry about that! eom

Picked up 2k today myself

Have a Safe and Happy Thanksgiving everyone.

Lol...I guess that about puts an end to
that discussion. Let's get back to makin money.
For a little while today I almost kicked myself for stopping out of bcon yesterday.

dans.... was just looking for some clarification in msg 876

dans
Not rope jumping... You asked for peoples votes. If you can't explain then so be it.

dans
Maybe I'm missing something.... I haven't been a member on Ihub very long. Just what is it that you are going to accomplish by being an assistant???? You can reply to all posters now.

dansontoupe
You didn't answer my questions....Your reasons may be a determining factor...thanks

Why would CW need an
assistant????? If I started a board, I wouldn't need one unless I was going to be inactive on the board. If that were the case, I wouldn't want or have reason to have my own board.
My guess is CW wants his own board.
Why not start a board of your own???????

Just my opinion

Thanks bagholder.... I stopped out today. Time will tell what happens with Beacon.

I don't have to rate
the company either. Was just looking for personal opinions.

So, based on what you've read,
how do you rate the company now?

Although DOE loan approval is a huge plus for the company as well as a positive boost for both current and potential shareholders, will not getting it have any real impact on the current business plan???

Is it NOT a significantly improved technology???

If this is so bad then why would

1. It be given a Buy rating by a number of analysts???

2. Someone be purchasing as many shares as possible so
so he can own 20% of the company???

3. Institutions be purchasing shares.

4. Anybody want to contribute millions of dollars to a company
that they new wasn't going to succeed???

5. They continue to move to the new facility and operate
business as usual???

My bet is we get DOE loan approval and Arete suit gets dropped.

All IMO and I may be wrong, But I still feel comfortable enough to ride it out a bit longer...GLTA

Well, I read it. Could you be more specific on what exactly you see that you feel is going to have a major impact on this.

Thanks