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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.080-3.5%3:50 PM EST

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To: Brian Hutcheson who wrote (628)4/16/1997 1:17:00 PM
From: Sid Turtlman   of 5827
 
Brian: "What Gaul"??? Are you accusing me of being French? How dare you!

Let me explain that again: It was Ballard that invented the PEM cells, not D-B,
which has been using them in the NECARs. So D-B has no inherent PEM technology
of its own to donate to Ballard. The fact that, amazingly, the so-called value
of D-B's so called PEM technology happened to come to exactly $10 per
Ballard share purchased, shows that it was a made up number.

Ballard sold its stock for C$25 per share cash. I do not think that that was
a bad deal for Ballard shareholders. I am just pointing out the facts.
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