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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.910-3.8%3:59 PM EST

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To: Mike Perras who wrote (3671)1/17/1999 7:53:00 PM
From: William Peavey  Read Replies (2) of 5827
 
Not yet.

My crystal ball is exceptionally cloudy on this one. That is why I still hold Nabors. I don't believe any of the oil producers are threatened by the fuel cell, now. There are probably still too many kinks in the FC technology. But eventually, gasoline will be sidestepped in favor of alcohol, and eventually that in favor of pure hydrogen.

I do not speak from a position of technical authority. The Fuel Cell is simply a power source that I sincerely want to see succeed. The petroleum industry is hard on "the environment" in all its aspects. And I think President Gore is going to press this position. <g>

Bill Peavey
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