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[EnergymanNJ]

January 2008 start trading tomarow. They(FCEL) have 2Q-earrings coming up first week of June. Also waiting on big State of Connecticut News in the same week... if you can get the $5 calls for a $1 in Jan 08" < that is a great play...IMO

.............stk.....last....bid.....ask
@FQGAA 5.00 1.05 0.95 1.10

http://www.investorshub.com/boards/quotes.asp?ticker=FCEL&qm_page=93571&qm_symbol=FCE L

[EnergymanNJ]

FCEL Last: 7.04 Change: +0.26(+3.83%) Volume: 1.62 m Last Trade: 5/22/07
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when I said to buy these $$$
.............stk.....last....bid.....ask
@FQGAA 5.00 1.05 0.95 1.10
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This is today >@FQGAA 5.00 last>2.47 change+1.42 lol lol lol

[EnergymanNJ]

FuelCell Energy Reports Second Quarter 2007 Results and Latest Accomplishments

QuoteMedia - News


* Product sales and revenues increased 37 percent over the prior year
* Lower commercial product cost ratio driven by cost out initiatives
* Year to date orders of 10.9 MW including 3rd quarter order for
5.1 MW from POSCO Power
* Connecticut Clean Energy Fund selected 68 MW of projects
incorporating FuelCell Energy's ultra-clean power plants
* Capital position strengthened as Company raised $94.4 million to
fund growth

DANBURY, Conn., June 4, 2007 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency, ultra-clean power plants using a variety of fuels for commercial, industrial and utility customers, today reported results and accomplishments for its second fiscal quarter ended April 30, 2007.

Financial Results

FuelCell Energy reported revenues for the second quarter of fiscal 2007 of $11.4 million, compared to $9.5 million in the same period a year ago. Product sales and revenues were up 37 percent to $8.9 million compared to $6.5 million in the same period a year ago. The production of lower cost sub-megawatt and megawatt (MW) products contributed to improved product margins over the prior year. The product cost-to-revenue ratio was 1.85 compared with 2.43 in the same period a year ago. Research and development contract revenue was $2.5 million compared to $3.0 million in 2006.

The Company's product backlog, including long-term service agreements, as of April 30, 2007, was $36.8 million compared to $23.9 million as of April 30, 2006. Research and development contract backlog totaled $26.4 million compared to $9.9 million as of April 30, 2006.

In the second quarter of fiscal 2007, net loss to common shareholders was $18.8 million or $0.32 per basic and diluted share compared to a net loss to common shareholders of $23.5 million or $0.48 per basic and diluted share in the same period of the previous year. Prior year results included a one-time charge of $4.3 million or $0.09 per basic and diluted share for the conversion of shares of the Series B Redeemable preferred stock. Excluding this charge, net loss to common shareholders was comparable to the year ago period as both volume and margins improved.

Total cash and investments increased by $80.4 million during the quarter ended April 30, 2007 to $178.7 million. The Company completed the sale of 9.4 million shares of common stock for net proceeds of $65.4 million and POSCO Power purchased an additional 3.8 million shares for $29.0 million. Excluding these common stock transactions, second quarter net cash use was $14.0 million which included capital spending of approximately $1.1 million. Depreciation expense for the quarter ended April 30, 2007 was approximately $2.3 million.

For the six months ended April 30, 2007, FuelCell Energy reported revenue of $18.2 million compared with $15.5 million in the same period a year ago. Product sales and revenues were $13.8 million, 45 percent higher than the $9.5 million in 2006. The product cost-to-revenue ratio was 2.2 compared with 2.6 for the six month period a year ago. Research and development contract revenue was $4.5 million compared to $6.0 million in 2006, primarily reflecting lower activity in the Company's ship service program.

For the six months ended April 30, 2007, FuelCell Energy reported a net loss to common shareholders of $38.8 million or $0.69 per basic and diluted share compared to $40.2 million or $0.82 per basic and diluted share in the same period a year ago. In the six month period, higher product revenue and improved margin was partially offset by higher research and development expenses driven by cost out activities for the Company's megawatt class products. Prior year results included a one time charge of $4.3 million or $0.09 per basic and diluted share for the conversion of shares of the Series B Redeemable preferred stock.

Key Corporate Developments

"The Company's products are ideal for on-site commercial and industrial users and for utilities seeking solutions for grid constraints that meet greenhouse gas and emission reduction requirements. We are capturing orders in markets that support the growth of highly efficient ultra-clean distributed power," said R. Daniel Brdar, FuelCell Energy's Chairman and CEO. "To accommodate current and expected orders from Asia, California and Connecticut, we are ramping up production."

Penetration of Key Markets

* During the quarter, POSCO Power ordered two DFC1500MA units totaling 2.4 MW for a grid-support application in South Korea. On June 4th FuelCell Energy received three more orders from POSCO Power totaling 5.1 MW for utility customers in grid support applications including FuelCell's 2.4 MW DFC3000, as well as two 1.2 MW DFC1500MA and one 300 kW DFC300MA. These units will further South Korea's goal to comply with the Kyoto protocols through the purchase of highly efficient and ultra-clean fuel cells that meet its carbon dioxide (CO2) reduction and clean air goals. Since Korea's clean energy program requires that power first be exported to the utility grid, the incentive is expected to favor the installation of multi-MW power stations.

[capt_nemo]

Let me fix dat LOL



NICE move today!!!