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 2.640

-1.5%

10:17 AM EST

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To: David E. Smith who wrote (2104)	3/30/1998 11:36:00 AM
From: HarveyO	Read Replies (2) of 5827

Post says fund manager a long-standing fan Ballard Power Systems Inc BLD Shares issued 23,083,665 Mar 27 close $142.75 Mon 30 Mar 98 In the News Buy & Sell columnist Sonita Horvitch says in the Saturday edition of the Financial Post that Ballard Power Systems is a favourite stock pick of Duncan Stewart, partner in Toronto-based money manager Tera Capital. Ms Horvitch notes the stock, currently $137, has a 52-week range of $188 to $34. Mr Stewart has been a long-standing champion of star-performing Ballard, which makes zero-emission fuel cells. Overall, Mr Stewart says the timing could be right for investors in technology stocks to start focusing on the small and mid-cap segment. He says this is where most of the undisclosed values. Tera specializes in technology and biotechnology firms. It manages Navigator Funds' Navigator Canadian Technology Fund. Mr Stewart stresses that he is not a market timer. Instead, his approach is to buy individual stocks where the technology offers promise.

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