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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (2208)	6/8/1999 8:43:00 PM
From: Vitalsigns	Read Replies (1) \| Respond to of 6016

The Ford and Delphi deal was important as well. Delphi will design and build the Ford electrical system...hmmmmm SOFC IMHO will be used not as the motor but as a 42 volt power system that everybody is talking about. I worked for a major manufacturer and their goal was to reduce all that heavy wiring found in cars and replace it with fiber optics. That can reduce up to 500 lbs from a vehicles weight. If the SOFC can replace the alternator and run the air conditioner that would result in a motor which requires much less Cubic output with the same results as before. Outcome = less gas used.. Governments are happy (meet strict emissions)...Oil Companies are happy (they get to keep selling gas and oil.) Fuel cell powered engines are quite a ways away from full scale production.They will need to figure out how to prevent the ceramics from cracking in different environments...(i.e Florida to Alaska.) In the mean time they will start small with SOFC electrical systems that meet emission requirements for the next 5 years while they develop true zero emission cars. As for the Financing. Delphi has already stated they would take care of the costs. We are not talking a few hundred thousand dollars . My guess is if Delphi is willing to put up that kind of cash they will want to keep a close eye on it . I expect to see an announcement that Delphi has acquired the minimum 10% stock (either through direct buying or a P.P.) and a board seat appointment. I agree with the prediction about the share price. Long GLE

To: Stephen O who wrote (2208)	6/8/1999 11:55:00 PM
From: blue_chip	Respond to of 6016

Muck I do not think Sprott would be buying for someone looking at getting into GLE. From what I know Sprott has done alot of travelling with GLE to the folks down east. As for a Delphi deal, it think in my mind I am more than 50% confident that we will have a deal, how much more than that varies. I have heard from the get go that GLE was not going to rush into signing a deal. They wanted to take their time, perhaps they even want to impress the heck out of Delphi with great cells from the purchase order, give Delphi a little bigger nibble before it offers them bigger pieces of cake. I think maybe they want to deliver something to Delphi that is really SUPER! The great thing is is that the price is holding, I think the institutions are taking GLE very seriously. There were alot of naysayers making wild predictions, its funny, it seems so long ago already, hope he's at least alive....lol....perhaps he got caught short...lol. Delphi has alot going on with the restructure/ seperation from her parent, I think Delphi will take its time and choose wisely, and when she does, I hope and think we will be there. Chip