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Date: Thu, 2 Nov 2000 05:41:00 -0800 (PST)
From: kay.mann@enron.com
To: swanita_99@yahoo.com
Subject: FuelCell offering
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Hi there.  Hope all is well.





FuelCell files $250 million offering 




By Matt Andrejczak, CBS.MarketWatch.com
Last Update: 4:50 PM ET Nov 1, 2000 
NewsWatch
Latest headlines

WASHINGTON (CBS.MW) -- FuelCell Energy filed a shelf registration with the 
Securities and Exchange Commission on Wednesday to periodically sell up to 
$250 million of debt and equity securities.






Danbury, Conn.-based FuelCell (FCEL: news, msgs) said it would the proceeds 
to fund expansion of its manufacturing facilities and for working capital. 
Under a shelf offering, a company may sell debt, common or preferred stock 
from time to time, at varying prices and in separate transactions.
FuelCell recently signed an agreement with a subsidiary of Enron (ENE: news, 
msgs) to jointly develop and market products for renewable energy and 
conservation programs.
Shares of FuelCell closed down $4.44 to $72.13 in Wednesday trading. ? 
Matt Andrejczak is a reporter for CBS.MarketWatch.com.




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