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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.700+1.1%Dec 24 12:59 PM EST
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To: Barry Scabar who wrote (1027)10/10/1997 7:23:00 PM
From: Brian Hutcheson   of 5827
 
Barry , re. Fuel cell cars not having performance.
The buses seem to accelerate rapidly as I have driven behind one ,
I also have a friend who took a ride in one of their buses he reported very favourably on their performance . For further proof there was recently in one of the car magazines a test on GM's latest electric car (battery) , in that report one tester is reported to have said that he had a drag race with a mustang and beat it . I believe that fuel cell cars will surprise people with their performance , for example Torque is their strong point , instant power without revs.
As far as the jump in stock price is concerned today , I am just as surprised with the magnitude as much as everyone else is . The reason
is obviously more demand , it could be from other car manufacturers wanting a share in the company or just simply a thousand new investors wanting a 500 shares each . After all when you have a company with few shares in circulation and suddenly the World beats a path to your door expect an increasing share price , that coupled with investors whose philosophy with this stock is to buy and hold for the long run makes for a volatile stock .
regards ,Brian
PS there are also investors like myself who bought early and sold out too early on many of their shares , who now are not willing to sell and watch it go higher as it has done in the past .
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