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Technology Stocks : Capstone Turbine Corporation (CPST) -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (225)	8/22/2001 11:39:01 AM
From: Maurice Winn	Read Replies (3) \| Respond to of 455

Bocor, it's no-go in cars and I expect buses. Fuel cells don't make sense. Capstone is depending on fuel cells. I don't like that. [With the proviso that times and technologies change] Message 16221964 <<SOUTHFIELD, Mich. -- General Motors Corp. has made clear that the world's biggest automaker won't be replacing its gasoline-powered cars anytime soon. After years of talk about hydrogen-powered fuel cells for auto engines, General Motors this week said it was designing units to generate power for buildings -- a hint it's not looking to auto sales to recoup hundreds of millions spent on research. The automaker's strategic sidestep lends weight to Honda Motor Co.'s prediction that hydrogen fuel-cell cars for consumers won't be feasible for at least a decade or two, if then. Until a few years ago, fuel cells -- which mix hydrogen with oxygen to create electricity -- were said to be impractical for anything but space flights or lab experiments. Then research breakthroughs made them a possibility for vehicles. In reality, gasoline remains cheap and plentiful. Internal combustion engines have become cleaner and more efficient. And, understandably, the owners of gas stations, refineries and auto-engine factories are reluctant to write off their investments. Still, inventors, visionaries and their promoters keep promising viable alternatives to gasoline propulsion that will satisfy environmentalists without ruining the automakers. While Honda and Toyota Motor Corp. each say they will build a handful of fuel-cell vehicles by 2003, "Honda thinks the internal combustion engine will be the main way to power cars for the next 20 to 30 years," said Andy Boyd, a spokesman. ... contd > Mq