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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.760+1.1%Jan 9 9:30 AM EST
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To: Elwood who wrote (994)10/8/1997 6:00:00 PM
From: HarveyO   of 5827
 
New York Times says Ballard may have the Holy Grail

Ballard Power Systems Inc BLDShares issued 230836651997-10-07 close $59.2Wednesday Oct 8 1997
The New York Times reports in its feature business story in its Wednesday edition that in their crusade to find a cheap, clean, efficient source of power, car makers, utilities transit operators and even submarine makers have all made their way to a muddy suburban office park in Burnaby on the outskirts of Vancouver. Reporter Anthony DePalma says their destination is the headquarters of Ballard Power Systems, whose drab exterior promises nothing out of the ordinary. Once the crusaders step inside, however, a Ballard executive escorts them to a small conference room on the second floor and there delicately unveils the secret they have come from around the world to see. It is a fuel cell, a flimsy-looking tablet about a foot across and no thicker than a computer diskette, which experts say may hold at least a partial answer to some of the world's most troubling energy problems. Ballard may have the Holy Grail, according to Roland Hwang, head of transportation programs for the Union of Concerned Scientists in Berkeley.
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