FCL - FuelCell Energy Message Board

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Technology Stocks : FCL - FuelCell Energy

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To: WWS who wrote (117)	12/19/1997 8:28:00 AM
From: Sid Turtlman	Read Replies (1) of 407

Bill: If the automakers can come up with much cleaner internal combustion engines, that is great, but it doesn't necessarily hurt the prospects of hybrids. Car engines create the most pollution and are least efficient when the car is starting off at zero miles an hour until maybe 25 mph. That characteristic is unlikely to change, and that is the range where the battery part of the hybrid would kick in. If the car companies can come up with an engine that is much cleaner from 25 mpg on, that is fine. The issue is a much bigger threat to Ballard, which is trying to replace the entire i.c.e. rather than ERC. One other thing to mention. ERC's battery announcements will concentrate on vehicle applications for a while because it has licensed out most of the non-vehicle aps to Corning, which is being very secretive about its intentions and progress. Just looking at the characteristics of the battery, there are a wide range of potential consumer applications that I would imagine Corning is pursuing, such as portable tools, cell phones, computers, etc. The royalty potential to ERC from even moderate success on Corning's part would be significant.

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