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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.850-1.2%Nov 19 3:59 PM EST

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To: HarveyO who wrote (3265)11/12/1998 11:02:00 AM
From: HarveyO  Read Replies (1) of 5827
 
Post says Taurus analyst talks of sexy technology

Ballard Power Systems Inc BLD
Shares issued 23,083,665 Nov 11 close $47.50
Thu 12 Nov 98 In the News
The Financial Post reports in its Thursday edition that shares of Ballard
Power Systems rose $3.10 to $47.50 on the Toronto Stock Exchange on
Wednesday, on volume of 204,800 shares. Market Action columnist Garry Marr
notes that the stock was on the move again on Wednesday, recording a 7 per
cent increase. Single-session double-digit percentage increases have become
the norm for the fuel cell maker. The stock was up $5.60 on Nov. 2. The
next session it lost $3.50. Ballard is a couple of years from producing
revenue and in between people are just trading, according to Taurus Capital
Markets analyst David Dvorchik. He says it is no different from any other
stock except for its sexy technology. The Post claims that Ballard is in
the middle of its 52-week range of $23.90 to $62.67.
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