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


To: Supervalue who wrote (5644)10/3/2002 1:21:02 AM
From: Gulo  Respond to of 6016
 
As vitalsigns points out, a buyout is unlikely. I don't want a buyout anyway. If there is any action at the end of this speculative venture, I want a piece of it; I certainly don't want someone like GE to have it instead of me.

That is why I think an issuer bid would be nice. Of course, a substantial issuer bid will not happen because GLE needs their money to support their R&D burn. A 5% bid would make me feel better about the prospects, however.

I'll ask the pointed question the next time I talk to IR.
-g