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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: Grant MacMillan who wrote (1885)5/12/1999 4:49:00 PM
From: Buckey  Read Replies (2) of 6016
 
Grant - Yes it is a Big deal. Much had been made of the overemphasis by us GLE holders on the PO issued to GLE from Delphi. The comments were valid in that DELPHi is a big fish and that the PO would likely be piddly and that Delphi has 3000 suppliers.

Now as a former Buyer and category manager with 3 large organizations in canada I often visited my suppliers. I was just a peon and most of the time I visited them by myself or with an assisstant. many many suppliers were never visited especially the samll ones.

Occasionnally a director and even a VP would accompany me BUT they were only when visiting strategic partners and/or large suppliers.

IT is a Big deal if anyone with any clout visited GLE from DELPHI.
And yes I doubled up my positioin at a higher price that my original - It is called averaging up.

Now I have never worked in the Auto industry. This spike was diriven more by something else than this news. I am expecting a Halt on Open
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