Replies to post #54896 on FuelCell Energy Inc (FCEL)

[igotthemojo]

"he has just sold those businesses!"

at first, i was unsure if that was what he did...but i didnt see anything about interest or payments which i thought was odd...

and when i saw that he was using "borrowed" money to pay down old debt, i didnt get how borrowing money, at what had to be higher interest, was a good idea when you are paying off what had to be lower interest loans...?...lol

so how about all those recent employees that were hired...shouldnt fcel be able to lay off about a hundred or so?...that would be a HUGE savings...

[Hoghead7]

That is factually inaccurate. They are collateral so the bank would have no concerns about giving them the loans. I also emailed Tom Gelston and he could informed. Projects are still part of their generation portfolio.