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: Murray Nightingale who wrote (1020)	4/19/1999 8:17:00 PM
From: VisionsOfSugarplums	Read Replies (2) of 6016

Your post sounds very reasonable, Murray. I would speculate that Delphi moved very quickly to set up a deal with GLE once the fuel cell breakthrough was announced - GLE has a competitive advantage and Delphi recognized they had to move fast or someone else would. Now that they've locked up the rights to auto uses for the SOFC, the details of their deal can be hammered out. This also should speed up the development timeline - Delphi has very deep pockets. The fact that Delphi and Toyota announced a five year agreement to develop cars that run on fuel cells only increases and confirms their motivation. This on top of the heaters and burgeoning institutional support bodes very well for GLE, IMHO. Regards, t.

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