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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (115879)10/31/2000 8:34:20 PM
From: Jenna  Read Replies (1) of 120523
 
BLDP earnings play from yesterday for today.. had a great report and closed at the high of the day. This one could easily move to test its year high but for now the next resistance is at 109 at the breakout and should move to 115 once that is taken out. Chart has formed a v-cup and handle

Ballard Power Systems Issues 2000 Third Quarter Report
VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 31, 2000--Ballard Power (NASDAQ:BLDP - news; TSE:BLD. - news)

Ballard Power Systems (TSE:BLD. - news; NASDAQ:BLDP - news) today issued its report to shareholders, including financial results for the third quarter and nine months ended September 31, 2000.

All amounts reported are in Canadian dollars.

``The steps we have taken in the past nine months are directed at enhancing our strength and position of leadership in the fuel cell industry as we prepare for commercialization,'' said Kip Smith, Ballard's President and Chief Operating Officer. ``In the third quarter we continued to expand our field trial programs while building on customer relationships, cost reduction and manufacturing.''
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