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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: Garth Richmond who wrote (612)4/16/1997 12:24:00 AM
From: Harvey Yuill   of 5827
 
Your analysis of the Ballard/Daimler agreement was excellent. Tiny little Ballard has sold 25% of it's shares to one of the worlds' technological power-houses - and at $35 a share. What a vote of confidence in this technology, and in the value of the Company.

Ballard now has access to enormous resources for financing future development works', support of Daimlers' R & D facilities, a partnership with one of the worlds great companies. With this sort of prestige, opportunities will now arise, and doors will now open, of which we could only dream of befor.

I have no idea where future developments will lead us, but I am very gratefull that I was able to purchase shares in this companys' IPO. Maybe I am a dreamer, but I have no intention of selling my position in this remarkable Company. Stocks rise and stocks fall, but in the long run I believe those who keep the faith will be well rewarded. If the company does not succeed, which I now think is virtually impossible, then I will be gratefull for the remarkable ride.

Harvey Yuill
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