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 2.685

+5.7%

Jan 2 9:30 AM EST

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To: Sid Turtlman who wrote (897)	9/6/1997 8:37:00 PM
From: James Bliss	of 5827

Hi Sid, I just read about a weeks worth of posts and I am very impressed. I think I finally came to the realization of what you're really doing on this thread, but correct me if I am wrong. ERC is a little watched company. Ballard is the market darling and obviously has the best publicity. You are a value investor, I believe. And probably the most likely move by an uninformed investor (and even a lot of informed investors) is to join in and try to catch the wave on a company like Ballard. Unfortunately, this creates lofty prices which don't stand in a Bear market or when there is a lack of news for a long period of time. So you look for a well-priced play using a similar technology (because when a new and profitable technology arrives it is not a monopoly for long). Unfortunately, the cheap plays are not well known. This creates a problem when you look for the negative side of the company. So you talk up ERC on Ballard's thread in order to hear the negative reactions to the company and find out where Ballard has a strategic advantage. The only problem is that I think you do far more due diligence than most, and we don't know much about the competition in order to discredit them. You are doing a good job, though, of informing the Ballard masses and are starting to get what you're looking for. If I'm right, I have a request of you. Who are Ballard's competition? I am curious so that I may look into them. Also, can you give me the phone # of investor relations at ERC so that I may start looking into refuting your evidence. I am sorry that I will not be able to learn as much about the specs. as you because I am a student in University and don't have as much free time (I am guessing you're retired) so my arguments won't be based on as much info., but I'll do my best. I admire what you're doing, keep it up. P.S. Ballard kicks ERC's ass!! Jamie

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