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Technology Stocks : Energy Conversion Devices

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To: WALT REISCH who wrote (3347)3/18/1999 11:00:00 AM
From: fred whitridge  Read Replies (1) of 8393
 
Today's WSJ carries a piece on the Daimler Chrysler wunderkind: the fuel cell car to debut in the showrooms in 2004.

Lets see. By then I will have asked poor Bob Stempel on 20 quarterly earnings calls how Ovonic is doing on their slide to $150/kwh (assuming they haven't already got there and they keep letting me ask questions). Mike Fetcenko will probably have doubled the wh/kg and the range of Don Devlin's third or fourth EV1 will be well up over 300 miles (range goes up by more than the doubling of the specific energy since you aren't dragging as much battery weight around.) California will be considering outlawing the use of methanol in alt fueled vehicles after a few accidents (take a look in a racing catalog if you want to see how pleasant methanol is) and the few fuel cell vehicles will be annoyed at how many shop visits their complicated fuel reformer systems need to stay in peak tune. "But honey we just had a new rare earth catalyst put in and this is the third steam reformer this year!!" Arthur D. Little will be exposed as a pawn of the oil companies and will be roundly laughed at for having said back in the 20th century that gasoline could actually be a good source of hydrogen. Tyler Lowery, Ken Baker, and John Adams will have been knighted by the Queen and shall be presiding over a company with billions of market cap. Every school child shall know how to spell OUM and will know that 1 mill kapton was just a stepping stone to powering a big chunk of space, and a continent or two of planet earth.

2004 for a fuel cell powered car? Whew! A lot could happen between now and then. At least we can book some thermal hydride storage business out there...
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