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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE

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To: Sechelt who wrote (647)4/3/1998 11:58:00 PM
From: bc   of 4605
 
Hi Sechelt:

<After doing much more DD - I have decided that catalytic converters are not the way to go for my own personal stock picks>

From Frost and Sullivan, Jan/96 Forecasts for Catalytic Converters:

Catalytic converter OEM revenues in North America in 1994 were US $1.68 billion, 59.1 percent of the total NA automotive OEM exhaust components market.
Just 1% of this market = US 16.8 million in revenues per year (or about $23 million Canadian).

2% ...well! Sounds like the way to go for me. If the AFS ReverseFlow catalyst doubles the efficiency of current catalysts, this is a nice solution.....NOW!!!

The Frost & Sullivan paper (1996) also says there has been "an absence of any technological innovation or breakthrough that might expand the role of the catalytic converter in the engine's make-up."
Til now maybe????

Regards,
Bonnie
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