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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 (4737)2/17/2000 9:49:00 AM
From: michael a. rowe  Respond to of 6016
 
im an idiot?....as opposed to people who put their money
into undercapitalized penny stocks that hope to be dragged
along by someone elses success!!!!!!

wow 27 times eh....i have lots of stocks that did at least
that for me and i have a few more that i believe will do
the same....its been pretty easy to make money these days
lots of people have......so what

fact is ballard is the ONLY company with the technology
and financing etc... to be able to push the envelope for
the new hydrogen economy and yes for all the other hangers
on companies like gle etc...

thanks for calling me an idiot though...you must be a smart
guy



To: Stephen O who wrote (4737)2/17/2000 12:01:00 PM
From: Vitalsigns  Read Replies (3) | Respond to of 6016
 
I am glad to see GLE doing well today , but in the big scheme of things they appear to be falling behind . Last week I posted that GLE was trading at 10% of the value of its peers Ballard and plug. Well today the situation is getting worse, take a look:

-GLE today high 29.75 CND or $20.20 US equivalent
Market Cap $773 mil CND or $526 Mil US

-PLUG Today High $128 US or $188.15 CND equivalent
Market Cap $5.332B US or $7.838B CND

-BLD today high $132.90 or $91 7/8 US
Market Cap $11.429B CND or 7.775B US

So today , 1 week later, GLE is now trading at %6.7 of the value of Ballard down from 10% and Gle is trading at 9.8% of the value of PLUG.

Just to show you how undervalued Gle is to its peers, I calculate what i believe is a fair valuation for GLE based on what we know to be true as of this date. Gle should ,IMO , be able to attract a valuation of no less than 50% of the difference between PLUG and BLD.

SO if Plug is at $7.838B CND and BLD is at $11.429B CND
than Gle should trade at a market Cap of $9.665B cnd or
$371 /share CND. I know that this will not happen overnight but I Did this to help you guys understand that there is a lot of upside to this stock. It gives you a sense of security knowing where Gle should trade and helps in not selling into the specialists hand whenever the stock starts to pull back a bit. I know I have no intentions of selling my shares at a 90% discount to my own calculations.

Hope this helps

Vitalsigns