Plug Power Inc (PLUG)

[scubastevemd]

I felt Andy sounded kind of choppy, but I did appreciate the warning on earnings. I just wish he was more upfront on everything else. I did find it odd that they moved business up to 4q last quarter and now moving it to Q1. Seems delays are worse than expected and this business is not as easy to get running smoothly as anticipated. The Ga. plant is way behind schedule but will be a learning experience for the future. Funny that they were touring an oil company around the plant. With the oil industries labor pool and experience in handling huge projects it makes perfect sense to bring in experts to partner with to decrease capital cost and create synergies. Seems like they are trying to act smarter about growth and use of capital. Also, making them partners versus competitors is smart because Andy has to know while he has a head start in the long run they can outspend and bypass us pretty quickly.