Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.580

+0.2%

Jan 28 3:59 PM EST

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To: Brian Hutcheson who wrote (763)	6/12/1997 2:38:00 PM
From: Garth Richmond	of 5827

Brian: Dunnery Best of Midland Walwyn Capital was on CBC's Business World and confirmed that it is in fact the European that are now causing the rapid rise in share price as they gobble up shares in this "newly discovered" company. Having lived in Europe for 6 years, I know firsthand that they rely heavily on transit (much more so that North America). Also, the major cities are having problems with pollution, so severe in fact, that several cities have outlawed motor vehicle traffic in city centers, except transit vehicles. One reason is that the smog is corroding all their beautiful old buildings, which hurts their turist industry and forces them to do expensive rennovations. Anyway, the European mentality will certainly welcome this technology and I expect that the high profile presence in Europe with D-B will make for quick market penetration, and we'll see several pilot deals with transit authorities similar to the Chicago and B.C. Transit. Garth.

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