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 2.690

-2.5%

3:59 PM EST

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To: Tony O who wrote (810)	8/8/1997 10:19:00 AM
From: Tony O	of 5827

I would advise a word of Caution......i have been watching Ballard Power for quite some time and feel it is overpriced....i believe an indication of this is that the stock falls in price alot on very small volume ...for example August 8th the price has fallen over $1.00-$1.20 on only 4000 shares....the Danger i feel is that what if one of the larger investors or mutual funds decide to sell ..their larger volume of stock held would greatly affect Ballard's price.... most of these larger investors and funds have the stock at a much lower price and were in at the IPO of about $7.00 or so....i would been interested to hear some other views as to why someone would think otherwise.... and that Ballard is not overpriced and is a good buy.... Best Regards Tony O (last of the Tony O's)

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