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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.710+1.1%Nov 21 9:30 AM EST
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To: HarveyO who wrote (2236)4/6/1998 4:13:00 PM
From: Sleeperz  Read Replies (2) of 5827
 
For long term holders it would be wise to see when Ballard Issued their patents. Patents are only good for 20 years then every boy and
his dog can use the information in those patents.

Companies that want to protect their Top secrets don't issue patents
if they figure no one else will be able to figure them out.

cl

>>> It also has 210 patents granted or filed, which we believe will keep it ahead of competitors.

Ballard's goal is to become the automotive equivalent of Intel, providing the standard power source for all the world's automobiles. Ballard CEO Firoz Rasul expects 10,000 to 50,000 fuel cell cars to be built in 2004.
Ford's goal is to have cars in production by 2004. And Daimler-Benz's goal was also 2004. . . . .a year ago. . . . .but CEO JĀrgen Schrempp recently said, "If we achieve what we project, I think we can go into serious production for cars sometime in 1999 or 2000."!!! <<<

Thus if you take a long-term view, and envision Ballard meeting its goals,
we can conclude, easily, that the stock is a good investment today. On the
other hand, if you look only at the present you see a firm with minimal
revenues, no earnings in sight for several years, and a market
capitalization of $2.6 billion.
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