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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.690+0.4%3:59 PM EST

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To: Edward W. Richmond who wrote (3337)12/1/1998 6:11:00 PM
From: Sid Turtlman  Read Replies (1) of 5827
 
Ed: I did respond to you promptly in post #3311. You may not have realized it, because I combined it with a response to CR Lum, and the note was addressed to him. All except the first two paragraphs discuss your question about my price targets for Ballard. In summary, I never predicted single digits for 1998, because it is still too soon for people to realize that Ballard has underestimated the difficulty of solving the various technical and economic hurdles. That may not be apparent for another year or so yet, although the failure of the Chicago buses might cause non-cult investors to scratch their heads a bit. In that post I also discuss a plausible scenario for Ballard becoming a penny stock.

Overall, this tends to be an interesting thread, and I recommend you read all posts, not just those with your name on the "To:" line.

(Actually, I do recommend skipping posts from lunatics babbling about Y2K, but other than that...)

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