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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
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To: Ulster1 who wrote (2120)5/31/1999 5:43:00 PM
From: Rampant  Read Replies (1) of 6016
 
U1 Good post. Let's not forget GLE's recently adopted shareholder protection plan (read: Poison Pill)I don't believe that they are that interested in JV or Takeover(IMHO). This company has existing business, clientele and as of today an even rosier bottom line. I like Ballard but one big difference in GLE is that they don't need development money. They are in pretty good shape financially.
Perhaps instead of selling out to a "major" they are building to become one.I will settle for a P.O. from Delphi instead of a takeover offer.
Respectfully,
Rampant
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