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


To: speculatingvalue who wrote (2810)7/27/1999 4:52:00 PM
From: BARON BANKER  Respond to of 6016
 
That may be the situation !



To: speculatingvalue who wrote (2810)7/27/1999 8:41:00 PM
From: blue_chip  Respond to of 6016
 
I think partially it could be the increased cost of fuel cell development. I also think that it is partly to do with the fact the heater division was shut down for a whole month while GLE ironed out some problems, also the hiring of new staff for all of the divisions as GLE says, they are busier than they have ever been. Growing and increase business cost money. I believe GLE is bursting at the seams with work. Although initially their cost of increased business rises, I think in the end we will all be better for it.

Chip