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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: michael a. rowe who wrote (751)4/18/1999 9:26:00 PM
From: Gulo  Read Replies (1) of 6016
 
There is a bit of irrational exuberance here, but that's fine by me. After all, the only real question for me is "Where will this stock go in the next week before my shares are tradeable?" One week from now, I want it to be at least as high as it is now. ($25 would also be fine. <g>)

As for future potential, I believe it is very good. GLE's most important asset is their history as an innovative manufacturer. The latest cell was not some one-off lab-bench prototype, it was produced using production line techniques.

That is what GLE's intentions were from the beginning. GLE has been experimenting for quite a while, and they inherited a great deal of technology from a forerunner in the field. They applied some fresh intellect to the project and solved some of the outstanding issues. These issues were mostly related to the practical implementation of the technology, such as sealing through thermal cycling. The fact that they made serious advances in the ceramic technology is a bonus.

Last year at this time, they predicted that their first cell made using production line methods would come out in "early 1999". How many R&D companies can claim that they met any of their target schedules?

As for commercialization, I expect we will see initial revenue from the cells as early as next winter, the following winter at the latest.

Global will not be the only successful player in the field, any more than Ford is the only auto manufacturer. With its manufacturing and marketing experience, along with a specialized niche to incubate in, Global stands to get to the playing field faster, and get more practice playing.

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