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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?


To: Hawkeye who wrote (1787)3/5/1998 6:24:00 PM
From: Rick W.  Respond to of 5827
 
Agree with you. There is much more evidence of global warming caused by man than not.The majority of scientists agree.There is debate on the trends and time frame but hopefully we will act before the "proof" is out.



To: Hawkeye who wrote (1787)3/6/1998 12:45:00 PM
From: HarveyO  Read Replies (1) | Respond to of 5827
 
Hawkeye - this press release confirms what you were saying.

Globe says stock drops as analysts cut recommendation

Ballard Power Systems Inc BLD
Shares issued 23,083,665 Mar 5 close $130.90
Fri 6 Mar 98 In the News
The Globe and Mail reports in its Friday, March 6, edition that Ford Motor
and Mobil are hooking up to develop new fuels and engine technology,
including advances aimed at making the fuel cells developed by Ballard
Power Systems commercially possible. The Globe's Greg Keenan writes that
Ford and Mobil say they have formed an alliance to work on short term,
medium term and longer term projects, including improving fuel and engine
technology and creating a wider market for alternative fuel vehicles.
Ballard Power Systems shares plunged yesterday after the company was
downgraded to "neutral" from "outperform" by Morgan Stanley Dean Witter
analyst Robert Chewning. The share price fell $7.60 to $130.90 in trading
on the TSE. Volume was 171,000 shares. Mr Chewning says he changed his
rating on the stock before the Mobil-Ford alliance was announced and he
downgraded it because the stock has risen so high.



To: Hawkeye who wrote (1787)3/6/1998 12:50:00 PM
From: Gordon Quickstad  Read Replies (1) | Respond to of 5827
 
Self interest is a big motivator, as you point out. Disinterested third parties and history (although usually too late) are useful in filtering out the blindness of over-zealous self interest.

That is not to say that self interested parties don't have anything worthwhile to add. They may overstate their position and it's helpful to be aware of that.

The arguers for global warming also have a tendency to overstate their case. Why would they do that? It seems that they have no money to gain. Can anyone spell religion?