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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.985-1.3%12:21 PM EST

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To: Mike Perras who wrote (3669)1/17/1999 6:45:00 PM
From: William Peavey  Read Replies (1) of 5827
 
Mike,

Good to see you here. Saw an interview with new Ford CEO (Jac Nasser?) last week that asked him about buying nearly every major troubled company (Volvo, Nissan) but Ballard. Naturally he disavowed everything, but implied that the major car companies are talking all the time, because so few are genuinely profitable, due to overcapacity.

I would be delighted to see Ballard purchased, as my shares are slightly underwater at this time. But they have such good working partnerships now, with Ford, with DaimlerChrysler etc, unless they were were ready to hit the ground with a ready-to-go profitable fuel cell car now and wanted to tie up the patents, I don't know what they would gain by spending the money here.

Bill Peavey
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