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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?


To: Dan B. who wrote (1801)7/2/1999 3:36:00 PM
From: Scoobah  Read Replies (1) | Respond to of 2513
 
This is of course just a reprint of the press release made by the company back on May 6. dch-technology.com

What I find significant is that more and more of the respected industry press is picking up DCH news stories for reprint.

The new sensor manufacturing facility is a tripling of their capacity and is in a stand alone building; not just a knocking down of the walls as previously thought.

With DCH about to emerge as a major player in the fuel cell arena it should be noted that for every hydrogen fuel cell deployed, there is a need for 2 sensors, one in the feed, the other for the unit.

Not unlike the old Beach Boy's tune, the new theme will be, " two sensors for evvvvvry celllllllll "

With other companies in the industry, like MHTX for example trading with an 80 million to 150 million market cap , a comparatively fair value for DCHT would be 8 to 15 times the current price.

If you wanted to compare it to Ballard, well, get out your calculator, because Ballard trades at 2.5 Billion market cap, dwarfing DCHT's $ 8 million cap. ( based on 11 million shares outstanding). Also, keep in mind Ballards 600 million investment by Ford and D-Chrysler.

Anyone thinking that DCHT is over-valued simply isn't paying attention.

Once brokers get involved, ( assuming there are brokers interested, and their Form 10 is officially announced), a repeat of last year's explosive move from 75 cents to $ 8.00 isn't out of the question as supply will quickly be gobbled up, and demand outstripping supply is what makes wall street work. This time however, I wouldn't expect it to pull all the way back, and indeed, can be carried to much greater highs, assuming it all falls in line.

Disclaimer: For those that don't know, the above statement is one of opinion and my own theory, and is not endorsed by DCH management; and is biased by the fact that I was once a consultant for DCHT in late 1998, and early 1999, and thereby received a $ 5,000 payment and 100,000 shares for my efforts.

I am now President and General Manager of copower.com,
an authorized dealer of products ranging from fuel cells and sensors, to wearable computers and microturbines, and Dept. of Energy approved electronic lighting products.