DCHT is in the Fuel cell business,
the FC arena commands grossly high market caps once they are discovered, which DCHT has not yet been; but I expect that to change soon.
And to answer your question, I haven't held any shares since early June when I went to Europe and Israel.
here is a comparison of some other Fuel cell companies,
At a price of 80 cents, (closing range Aug 10, 1999)
That puts the DCHT market cap at $ 10,400,000
Ballard Power, BLDP is running an approx. $ 2.5 Billion market cap,
MHTX, approx. $ 160 million
PWRE, approx. $ 90 million
MKTY, approx. $ 324 million
ERC, approx. $ 70 million
There are others in the group, but I am sure you get the picture.
DCHT at $ 10.4 million market cap has a 5 to 10 fold increase just to
approach the overly inflated market cap of it's industry peers, and if
one were to look at the progress DCHT has made over the last 12
months, I believe the picture would easily form of a grossly
undervalued stock just waiting to be noticed.
See the following links for additional information:
DCHT Review:
Subject 29658
RAM Capital--Corporate Finance
ramcapitalmanagement.com
RAM Capital has been involved in finance and advisory services for
a fee to DCH from the period Feb 7, 1999 thru July, 30, 1999
For full disclosure see the bottom of this report.
As of the date of this writing, RAM Capital, nor it's officers or
directors own any free trading shares of DCHT, and thereby have
nothing to personally gain if the stock were to fluctuate as a result of
it's activities.
ramcapitalmanagement.com |
