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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (1670)7/20/1998 3:44:00 PM
From: Mad2  Read Replies (1) of 4634
 
Bill, any thoughts on BLDPF, the fuel cell company. I have been following with interest since it's CFO resigned and cashed in about half his options to net around 10mil (Canadian). The company is on a down tick from a high of $45 and is hitting mid 20's now. It Market cap at $45 was in excess of 2.2 bil, significant for a company whose product is still in development and hasn't obtained a committment for commercial use of its product from it's prospective clients. On the other hand their product has quite a bit of "sex" appeal, fueled by a misunderstanding of the environmental benifits it is supposed to deliver.
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