Boats & Stocks

[Gulfbreeze]

Frank can not believe it but I agree with you on Bayliners they are a piece of Crap Anyone who has been around boats for a while can tell you that. Force Engines Any poor soul who buys one....I have a small wellcraft bought it in 85 with a Johnson 120 never have problems with it... Shamrock is a great boat also but expensive...

BTW that stock I was talkining about Had news today...

SOURCE: Power Technology, Inc.
Power Technology Begins Discussions With Major Middle East Gas Producer
Patented Pipelink Technology To Be Validated
LAS VEGAS, NV --(INTERNET WIRE)--Feb 11, 2002 -- Power Technology, Inc. (OTCBB:PWTC - news) has begun discussions with one of the Major Gas Producers in the Middle East ("the Client") concerning use of the Company's patented Magnetic Pulse Pipe Joining Technology ("Pipelink"). In response to Power Technology's press release of January 30, 2002, "Power Technology To Establish Pipelink Technology In China" (biz.yahoo.com/iw/020130/037400.html), the Company was contacted and a member of the Power Technology Marketing team met with the potential Client last week.

Discussions have begun with the Client and its contractor concerning the Pipelink technology and the licenses necessary to use it. Key to the inquiry is the substantial savings Pipelink brings into the pipe-laying arena. Verified savings in excess of 30% on the actual cost of each join, translate into a savings of approximately 10% on the cost of the entire project when compared with traditional welding technology. (Based upon North American costs).

"With both the Chinese and the potential Middle Eastern Client committed to budgets in excess of 5 billion US$ for early start pipe-laying programs, the reasons for the high level of interest are clear. Add to the cost benefits the very high safety factor of Pipelink and a dramatic reduction in ongoing pipeline maintenance costs, and it becomes even more obvious that Power Technology has a massive cash cow on its hands. From all the responses so far the message is clear -- Pipelink will not be seen as an option, but as a requirement for future pipe-laying tenders. The advantages of our technology cannot be ignored by either private or state owned Oil and Gas companies.

"'Is the technology proven?' is frequently the first question asked - the answer is a resounding YES. For many years now magnetic pulse technology has been used in the high volume Automotive industry for the joining of fuel and hydraulic lines, prop-shafts, and other metallic tubular components. For the Gas and Oil industries, the equipment is deliverable on truck or skid mounted packages and, as it can be used equally effectively on the seabed, the necessary generator and controls can be loaded on the deck of the pipe-laying vessel," stated Lee Balak, President and CEO of Power Technology.

Validation of the Pipelink technology is timed for May this year in China. Power Technology is aiming for a mid-year validation in the Middle East. Final design work is completed and an American company has been selected to build the equipment. Available to contractors on an equipment lease plus royalty payment per join basis, based upon current estimates in excess of 10,000 Kilometers of large diameter gas pipe, with a join every 86 feet, Power Technology is looking at a very long term, high income, return on its patents.

About Power Technology

Power Technology, Inc. is a Las Vegas, Nevada-based Development Company that holds several patents in the power generation and storage fields; and is working to provide innovative and practical technology solutions for commercial, governmental, and industrial applications worldwide.

URL: www.e-powertechnology.com

Research Report available at www.investorcommunications.net/reports/pwtc.

Certain statements in this news release may constitute ``forward-looking statements'' within the meaning of Section 21E of the Securities Act of 1934. Such forward-looking statements may involve risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to differ from those expressed or implied by such forward-looking statements.




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