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Revision History For: Electrosource (ELSI) - maker of batteries for EV

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Return to Electrosource (ELSI) - maker of batteries for EV

May be is time to get some opinion about this company. I had been watch its movement over two months.

Here are some news for the company:

Dec.95 It got $80 million order from Chrysler
Dec.95 Its batteries were chosen by US postal office
Feb.96 Hired former COMP USA VP to lead sales effort
Mar.96 Announced joint development with Black and Decker for developing batteries for its tools.
Apr.96 Announced joint development with Lockheed Martin to develope battery for Hybrid EV
Apr.96 Work with Fiat of Italy on a advance EV program
Apr.96 Announced break through on making high energy products
May.96 Agreed to provide battery which would support ZAP's patented motor systems for bicycles.

As far as I can see, every time there is some news to the company, the stock price would edge up. So far, there were not much news nor movement for this month. Would there be another uprise like the one in December after the Chryster announcement? Please comment. Thank you.