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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Jim P who wrote (2128)6/1/1999 12:29:00 PM
From: Michel Houle  Read Replies (1) of 6016
 
"I think GLE is less risky today."

Compared to last week or two months ago? If we compare to last week, that news doesn't reduce risk much, because most of the risk is tied anyway to what was called the icing, not the cake. In fact, I would actually consider the risk to be higher today than yesterday, because the price appreciation on the news is well ahead of the deposit of real money in the bank. And if we compare with just a few weeks ago ($1), how could it be less risky today, when it's trading at $9-10?

Then again, there can be more than one perspective on this, and I am curious to see how it will develop. Time will tell.

Regards,

mh
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