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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote ()2/22/2000 1:48:00 PM
From: Yan Li  Read Replies (4) of 54805
 
BLDP (BALLARD PWR SYS) 52 week range 22 3/8 - 117 (today).
It is the dominant player in the fuel cell industry which
may power future clean cars and things like laptop computers
or cel. phones... I suggest adding BLDP to proj Hunt list.

BTW, what is the status of the Hunt reports?

-yali

From Yahoo:

Business Summary
Ballard Power Systems Inc. is engaged in the development and
commercialization of proton exchange membrane (PEM) fuel cells and fuel cell
systems. A fuel cell is an environmentally clean power generator that
combines hydrogen fuel with oxygen, without combustion, to produce
electricity, with pure water and heat as the only by-products. It is an
electrochemical device that produces electricity efficiently and continuously,
as long as fuel is supplied. The Company is developing PEM fuel cells for use
in transportation, stationary power generation and portable applications.

Financial Summary
Ballard Power Systems is engaged in the development and commercialization
of proton exchange membrane fuel cells and related power generation
systems for stationary, transportation and other applications. For the six
months ended 6/99, total revenues fell 65% to C$18.8 million. Net loss totalled
C$26.2 million vs. income of C$12.3 million. Revenues reflect the absence of a
$27.1 million gain on the issuance of shares. Net loss reflects a higher equity
in loss of associated companies.
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