Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: AriKirA who wrote (2623)	7/15/1999 5:42:00 AM
From: StockPro	Read Replies (1) \| Respond to of 6016

NP says GWL Investments' Ms. Nesbitt likes Global Thermoelectric Global Thermoelectric Inc GLE Shares issued 20,853,350 Jul 14 close $9.30 Thu 15 Jul 99 In the News The National Post reports in its Thursday edition that the Canadian equity market could outperform its U.S. counterpart this year and for the next several years and produce a return higher than the historic average annual one of around 10 per cent, says Ted Ransby, president of Winnipeg-based GWL Investment Management Ltd. Ahead of the game, Mr. Ransby and colleague Patricia Nesbitt started to "warm toward" smaller- and mid-cap stocks and resource sectors for Sonita Horvitch's "Buy & Sell" column in April, 1998. For this column, Ms. Nesbitt has chosen Global Thermoelectric Inc. This company is developing a solid oxide fuel cell that generates electricity and heat with no harmful emissions. Its target market is different from that of Ballard Power Systems Inc. "Global Thermoelectric's applications are different, but their potential is very robust." In mid-April, the company announced a deal to develop an advanced fuel cell for Delphi Automotive Systems Corp. The investment community is anxiously awaiting details of the transaction, says Ms. Nesbitt. "This stock is of a speculative nature, but it is exciting in that it is at the early stage of its development."