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Gold/Mining/Energy : Lithos Corporation (M.lts)
LTS 3.4900.0%Feb 14 4:00 PM EST

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To: Prospec1 who wrote (369)6/18/1999 5:57:00 AM
From: Bob Fairchild  Read Replies (1) of 415
 
Hi Angel, something I picked off an investment advisory: The current market for high performance rechargeable batteries is reported to be currently around $3.9-billion U.S. and growing in excess of 30% annually. These portable fuel cells power cell phones, laptop computers, palmtops and other electronic devices. And as demand for more capable portable devices increases, it stands to reason that demand for more capable energy cells will follow. Many within the industry are anticipating a surge in demand as lithium polymer batteries enter the market en mass. By replacing liquid electrolytes, the lithium polymer allows for the use of lightweight plastics in place of existing metals. The benefit is that in addition to being lighter, the casings can be shaped for more flexibility in designs. Demand for such units is expected to skyrocket from several million this year to around 500 million by 2007. That should be accompanied by some serious profits for the companies that supply the components and forinvestors quick to assess this opportunity. Investors interested
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