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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Stephen O who wrote (3027)8/11/1999 10:11:00 PM
From: Dingo  Read Replies (1) of 6016
 
"..who would want to watch tv in the wild..."

The same people that drive condos on wheels and pretend they are roughing it.

Anyways, the article I was referring to I have previously mentioned in post #3042 (Dingo Thursday, Jul 29 1999 12:23AM ET). I don't know how to do a link, so I copied it here:

"If this is old news, please be patient.
Sarah Hughes, in her article, estimates GLE would be successful in the remote market in fiscal year 2002 (estimated market of roughly $1 Billion). And the auto market alone is estimated to be about $9 Billion.

She concludes her article with "...the inclusion of mass market applications could increase our estimates significantly and, in turn, our current target price of $15 would change multifold if these markets came to fruition".

In other words, I believe her target of $15 to be conservative and based on projected revenues from heaters and thermoelectric generators.

Dingo !
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