Monday, February 22, 2010

Bloom Energy Stocks?

When new technology is developed, like Google for example, many would wish that they bought Google stocks when they were cheap.

Similarly, in a few hours something revolutionary is going to be announced by an start up energy company Bloom Energy. If their claims are true - then their stocks would be hot - it would burn - literally, hehehe.

Here's the piece of news from

K.R. Sridhar has an energy plan anyone could get behind - electricity in a box.

That's the promise of the "Bloom box," the fuel-cell-powered invention coming from the Silicon Valley start up, Bloom Energy.

"In five to ten years, we would like to be in every home," Sridhar told Leslie Stahl on "60 Minutes" Sunday night.

The "box" generates its power wirelessly through a combination of oxygen and a fossil fuel - natural gas, bio-gas, etc. It is presently being tested by companies such as Google, WalMart, FedEx and eBay, who have shelled out hundreds of thousands for the "green" machines, the CBS News program reported.

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This types of news, somehow, provides hope........