Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (19457)	9/27/2002 6:12:34 PM
From: Douglas V. Fant	of 36161

isopatch, I do not like fuel cells yet- too expensive on a kW capacity basis right now as compared to other available renewable/ alternative resources. Over time though as the "easy" alternative/renewable projects are implemented and prices of fuel cells come down, then fuel cells will be strong competitors. That's probably ten years+ away IMO.... Also switching gears, I've been looking at the major ECM's here too. They may take two years to recover but look cheap here, subject to dilution of course, to raise additional capital if needed. However right now that seems unlikely as most of these companies carry pretty hefty cash balances...See e.g. FLEX, SANM, SLR, CLS, Etc....

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