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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.840+2.2%Nov 28 9:30 AM EST

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To: Sleeperz who wrote (1996)3/21/1998 3:13:00 AM
From: Nick S.  Read Replies (2) of 5827
 
< Don't kid yourself. BALLard is great, but they have ONLY ONE product in a niche market. If that product stumbles for any reason, you will learn an important lesson in investment risk.>

I have to get in on this one. How do you figure the PEM fuel cell is a niche market? Yes, I will grant you that it has very little commercial viability TODAY, but those of us who are long on BLD are betting upon its viability in the next 5-8 years or so (and not just in automotive applications). And yes, I use the term BET, since we may be wrong and lose a little or a lot of money. However, to describe BLDs POTENTIAL market as "niche" is misguided. New technical innovations/revolutions must begin somewhere. Just curious, how many people ride horses to work where you live?

Nick S.
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