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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.225-4.3%Feb 4 3:59 PM EST
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To: Brian Hutcheson who wrote (709)5/28/1997 8:33:00 AM
From: Sid Turtlman   of 5827
 
Brian: I hope Ballard goes to $100. I am not short a share - yet. At some point I might be, but at this point the stock is in the realm of pure fantasy, where there are no reality checks to slow it down. Perhaps later this summer, if there is evidence that the bus test in Chicago is less than perfect (as is likely - how often do first tests go perfectly?) then the trend may change.

Plus the higher Ballard goes, the greater the likelihood that someone other than me may notice that ERC's fuel cell technology has as good or better prospects than Ballard's, and ERC has huge potential in the battery business, yet its stock is selling at a fraction of Ballard's market cap. (I say someone other than me on Wall Street - utility engineers know this already.)

So I am all in favor of Ballard going higher.
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