Global Thermoelectric - SOFC Fuel cells (GLE:TSE) Message Board

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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Al Collard who wrote (5770)	11/19/2002 9:48:57 PM
From: ddl	Read Replies (1) of 6016

Wow... What to say. Nice to see some honesty, but me-thinks there something afoot. I like the 30% staff reduction. Working with 260 employees with nothing to sell was madness. Buying back stock can only mean they fully expect to sell it for more down the road. - A sale? maybe.... But this partnering stuff, more money to commercialize, needing bigger users and lots of them.... this all points to something fishy. We loose the Pres, chief scientist, stock goes for a $hit, and then this? Hmmmmmmm I get the feeling someone finally figured out something... like maybe they can't sell these cells for what they're worth, or what they need, with current residential prospects. Maybe ther'es a huge technical stumbling block that was just found out - hope not.... I wonder what Enbridge has to say about all this? comments?

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