Global Thermoelectric - SOFC Fuel cells (GLE:TSE) Message Board

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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: speculatingvalue who wrote (312)	4/9/1999 7:11:00 PM
From: J. Plantinga	Read Replies (2) of 6016

$10 is not out of the question in the near term, IMHO. If it gaps up on Monday I'm betting we see the other side of $6.00 by Wednesday. Until today GLE was valued and traded based on the Company's existing financial position and sales/earnings history. Not any more. It has now officially become a momentum play that will trade on the basis of (perceived) potential--not unlike the Internet performers. Two days ago GLE was seen (valued) as being in the heater production business with some fuel cell research on the go as a nice little bonus. I believe the perception will now be that GLE is a real player in the fuel cell arena that just happens to have a nice little heater production business going on the side. Suddenly, joint ventures, strategic alliances and possibly buyout offers all become very possible. I would even say "probable". Funny what a difference a couple of days makes... Just my thoughts... Cheers, JP

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