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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: Dan B. who wrote (1030)	4/11/1999 10:04:00 AM
From: Francois Goelo	Read Replies (1) of 2513

Dan B. Ballard is loosing money it can afford to loose.... since last time I looked it had $4440 Millions in the kitty. When it runs out, it's got some REAL STRATEGIC PARTNERS, not just another Company that manufactures sensors on a subcontract basis. You cannot possibly expect to survive in the Hydrogen Industry unless you are very well funded and can afford not to see any net revenue for the next 20 or so years. With all it has going for it, I only give Ballard a 50/50 chance to make it and by then, it's stock price may well look like that of DCHT. DCHT, on the contrary is so cash strapped that it has to pay its rent with stock, thus creating a dilution which must be approaching the 20% per year, since last time I run the figures, it was around 17%. Even H2O does not believe in it, since he is getting ready to give the share price the last pump and then bail out. I don't understand how intelligent people haven't cut their losses, like I did an run for the exits. How many more signs of IMPENDING DOOM does one need? Regards, F. Goelo + + +

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