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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: Vitalsigns who wrote (2749)7/22/1999 10:06:00 PM
From: Ulster1  Read Replies (1) of 6016
 
I am disappointed with the market reaction to this release. It shows that either this information was known by a large segment of the market before the release, or that the market is waiting to see how this technology can be applied (Ie how can it be used to make money). What we now need to see from GLE, is some huge Purchase orders. I believe we will be seeing some real $$$$ announcements in the next week or two. We can safely assume that most of the big players are as positioned as they are going to be. This release may push a few of the slow-pokes into position real soon. You can assume that any of the big boys who were accumulating earlier, knew to get their money into the pot before this announcement. Announcements like this tend to make all players large and small hold their positions a little tighter. If there is no major company that has ALREADY signed an agreement to distribute SOFC's for GLE, wouldn't a release like today's make some of the bidder(s) up the ante a little, and get the deal done ASAP? AND, if there already is such a suitor, wouldn't that be made public soon? This announcement may force GLE's hand. A win win situation for us. I am sure that the distributor or potential distributor is chomping at the bit to set up the infrastructure to include the SOFC in its product line. I guess what I am trying to say, is that some of these pieces are coming into place to make a clearer picture in a real hurry.

U1
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