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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.800+4.1%Jan 16 3:59 PM EST

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To: Michael van Campen who wrote (803)7/10/1997 12:31:00 AM
From: Tony O   of 5827
 
Another point of view

this is another point of view about the news you mentioned Michael ...it would have been much more postive if Japan and the European Commission would have stated a required or certain percentage of vehicles that had to be "electric" ...instead they are quite happy to continue running "gas" vehicles .....too bad for Ballard i would say.....Tighter Exhaust Limits won't help companies like Ballard....you can bet the price of platinum will go up as it is used for emmisions control.... so i still think Ballard is over priced since its' intial price offering was only $24 -$25 .....Ballard themslves say they don't expect a profit until 2005....if things go as planned.....and other companies don't get there first....i personally think Ballard has been too optimistic ... and it would be better to invest in to four or five $10 dollar stocks than to invest in a $47.00 stock like Ballard.....just my thoughts....i still have to keep my day job so far..... best of luck take some profit if you can......Tony O
(last of the tony 0's)
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