Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.680

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To: Sid Turtlman who wrote (3428)	12/18/1998 8:35:00 AM
From: William Peavey	Read Replies (1) of 5827

Sid, I respect your counter arguments which obviously reflect much thought. Timing notwithstanding, and I realize it is of utmost importance when one's central concern is what is the best use of my investment dollars, my fantasy centers around the finite supply of oil. Taking an intuitive approach to my investing, I don't crunch numbers that I cannot test. I don't pretend to anticipate change 10 to 20 years from now; but I know our socialist US government values clean air over cheap fuel. I know that we are beholden to Arab oil producers that despise us even more than we despise them. Hence I think there is a future for alcohol fuels. Moreover, eventually the inexpensive cracking of water into Hydrogen and safe inexpensive storage thereof will be solved. I have naive confidence in technology, and I have convinced myself that companies like Ballard, Daimler, Ford and GM, supplemented by university research, and harnessed by the US and Canadian governments, have the incentive to make it happen. Bill Peavey

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