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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.685+5.7%Jan 2 9:30 AM EST
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To: Garth Richmond who wrote (967)10/5/1997 12:58:00 PM
From: billkirn   of 5827
 
Garth: Thank you for the eps perspective. It provides a first level of value for the company's shares. As time goes on I would expect PE to be much larger than 20 to 30. As the significance of the fuel cell engine takes hold, I would expect a long term PE of 60 would be maintained on this stock, at least in this type of market. If PEs start to contract so will ballards.
Bill
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