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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.690+0.4%Nov 25 3:59 PM EST
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To: Sid Turtlman who wrote (2871)7/7/1998 9:01:00 AM
From: BMWIN  Read Replies (2) of 5827
 
Sid

There are a few comments that I would like to make regarding this article:

1. Thanks for the post. I was unaware of the 10% ownership by Daimler in ERC. This for me is significant. I believe that Daimler is pursuing the FC market more than any other transportation company out there. The big issue for me is that another company is willing to spend a significant amount of money in this company.
2. The article talks about Ballard's FC being used for cars(sexy). True enough. However, everything that I have seen indicates that Ballard is interested in many markets, transportation being only one of them.
3. It is quickly becoming apparent to me that we are indeed at the beginning of a new age - fuel cell. Not necessarily hydrogen for a while, but it appears that fuel cells will indeed take off. That being the case, there will be ample room for many organizations to make money from them. I see organizations like Ballard, ERC, Plug Power, Manhattan Scientifics all making significant money from this providing they can carry through on the R&D as well as business aspects of manufacturing and marketing their products.
4. My difficulty in all of this is: I cannot predict the movement of prices for each of these companies. IMHO, there is much money, in terms of share price growth, to be made by many companies. As a result, I buy and hold.
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