Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.155

-0.2%

Feb 11 3:59 PM EST

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To: Wafa SHIHABI who wrote (604)	4/15/1997 10:11:00 AM
From: Fred J Bealle	of 5827

Wafa, it's not my parade. Sigh. I sold at $36. I am NOT enjoying this (bad timing). Sid had me thinking that a few stray carbon atoms would be trashing the catalyst in PEM cells. Really put me off. There is no substitute for really understanding the topic, and what is feasible. People with experience in the technology (and a good grasp of physics and chemistry) can have faith. Others are just following their emotions. What comes next for Ballard? All the good news is out, now. This is the BIG one. Which is to say, it will be downhill from here. The stock price will probably slide down today (it already has started down), and may hit $37 (as a wild guess) this week. From then on, we can expect it to trend upwards between some trend lines, to some crazy high level, like $70 by the end of the year! My strategy will be to buy LOW and hold on, this time. Ballard would be a good stock to buy after the crash we all expect. Fred Bealle Disconsolate in Toronto

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