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Harvey O. , Thank you for your very informative response. It reassures me that much of the negative reports were in error. However, credos should be given to the short sellers for their contribution to keep the stock price at an affordable level, so the small investor has an opportunity to buy in. Ballard has been systematically progressing to first develop the fuel cell, and now starting the commercial phase. It may take several months or a year before production is a reality, after all, the construction of their plant should take nearly that long. It would not surprise me if there were some stock models of fuel cell cars during 1999. Daimler, in one of the early release indicated this possibility. It seems almost certain that there is considerable work going on behind the scene for perfection of the reformer, once a supply of hydrogen, derived from a conventional source is available to the fuel cell, the whole concept for hydrogen power should take off. Not only for auto, but for stationary power as well. Again, one would think that this problem has been, approached from many angles, with a good chance for successful application. Technology is bound to change the way we do things, but some will cling to the old ways to the bitter end. I should know I've seen a lot technical breakthroughs during my past (almost) eight decades. |
