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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 3.500-1.4%Nov 7 9:30 AM EST

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To: Infoseeker who wrote (1837)3/13/1998 1:36:00 AM
From: Infoseeker  Read Replies (5) of 5827
 
Hello there Ballard Fans

A couple of things I would like to bring to your attention regarding Ballard.

1. Ballard isn't the only game in town? For example, GM, Toyota, and United Technologies are not exactly corporate unknowns. All of these companies have inferred that they are as far advanced as Ballard - ie GM (See GM's press announcements).

2. Even if fuel cells go commercial by the year 2004 to 2010 who is to say Ballard will be king of the day?

3. In light of the fact that there are other companies as dedicated to the development of fuel cell technology. Why not check out United Technologies and get the fuel cell exposure for a fraction of the value attributed to Ballard (re: $3.5 billion)?

4. Finally, don't forget it is not a profit until you take it. Lets not forget about what happened to those who supported the Bre-X stock and got burned in the end. Due diligence is the key and valuation.

5. Ballard has far surpassed the one-year target of Dean Witter and Midland and you should keep in mind that their target prices were created by making assumptions that have no real support at this time - i.e. 1) that fuel cells will be commercial and that the internal combustion engine will not make significant advances. 2) Ballard will be a top dog vs. the likes of GM, Toyota and United Technology etc. 3) That consumers will want fuel cell vehicles in spite of hassle, operating uncertainties. 4) That the arrangement between Ballard, Ford and Benz will at the end of the day provide a split of possible profits that is not altogether clear (I believe).

*Remember - A "hold" is to be read as a sell according to broker insiders. Dean Witter: when will Midland join with the hold? (I bet really soon!)

**Also - If you really believe in the fuel cell, why not take the profit from Ballard and buy platinum futures or stocks.

P.S. Has anyone heard of any insider trading?????
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