Plug Power Inc (PLUG)

[jolivi01]

Not necessarily … it’s not a linear relationship …. It’s dynamic … the acceleration of cost reductions will at some point in time (hopefully sooner than later) make it to profitable land … as the Japanese did with the hand held calculators industry back then dominating the industry … they lost huge at the beginning but with increased volume and costs dropping sharply in time they become highly profitable and dominant … I see PLUG following the same strategy … it may become dominant and pretty profitable hopefully pretty soon - It’s the combination of what is called algorithmic cost reduction and combinatorial innovation - IMO