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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: michael a. rowe who wrote (4128)11/18/1999 1:04:00 PM
From: xxxx  Read Replies (1) of 6016
 
Are you getting desperate, Michael???

Only a demented individual would purchase Ballard at its current price (going "down")!

Here are a few reasons not to invest in Ballard:

1. They do not appear to be advancing significantly with all their years spent on the PEM technology.
2. Outside firms are probably buying Ballard's PEM units only for the convenience of testing fuel cell applications in their own vehicles. When they are finished, I believe that the Ballard PEM alternative will be discarded.
3. The stigma of hydrogen. When that word is mentioned, the first thought to come to mind in the general public is "Hindenberg"! Any application requiring hydrogen storage in a vehicle will not wash!!! You can argue the point as hard as you like, but the public is still not convinced all these years after the event.
4. We have had a "cleaner" fuel for several years being used in vehicles. It has not been generally accepted. It is less(?) dangerous than hydrogen. It has fewer storage problems. But, with this fuel there have been many serious incidents!- just as there would be with hydrogen. Its name is propane. And, you expect the general public to accept the use of hydrogen storage in a vehicle? GET REAL!!!!

-etc., etc.......

Please, can the bragging about Ballard. Hooray for GLE!
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