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 2.665

+0.6%

11:41 AM EST

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To: Mike Klobouk who wrote (806)	7/16/1997 10:36:00 PM
From: Bill McEachern	of 5827

Stocks like Ballard tend to waft lower and lower in the absence of news. After being on every Sci & Tech show on TV and in all the papers, its hard to see where more media exposure could come from without some big mass transit contracts or a demonstration of dramatic manufacturing cost reductions in the power cells. The cost reduction problem seems to be an easier problem to me than the power density problem. This is just intuition. My knowledge of mechanical engineering is limited. I'm looking for an entry point around C$40 or so. From eye-balling the 100 day chart, it looks like the support level is around C$40 and the next around C$35. Bill

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