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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bartlett who wrote (543)	3/30/1998 1:04:00 PM
From: Bill	Read Replies (2) \| Respond to of 4605

Alternative Fuel Systems Inc - Post still beating the drum Alternative Fuel Systems Inc ATF Shares issued 24373982 1998-03-27 close $2.19 Monday Mar 30 1998 The Financial Post reports in its Saturday edition that investors this week discovered a "new" play on environmentally friendly fuel sources, pushing the shares of Alternative Fuel Systems to a 52-week high. Reporter Ian Karleff notes that on Thursday, AFS shares soared $1.62 to $3.01, on 44 times their normal trading volume. Those gains were tempered on Friday when the shares tumbled $0.82 to $2.19, on heavy volume of more than 4.2 million shares. AFS shares have climbed from a 52-week low of $0.28 last May, fuelled in part by a meteoric rise in Ballard Power Systems shares. Calgary-based AFS has developed a system that allows gasoline-powered vehicles to convert to compressed natural gas. The product has found a promising market. Its first two compressed natural gas filling stations are expected to be in operation in Mexico this summer. AFS is expecting a follow up contract for more conversion systems in order for these stations to operate at maximum capacity, according to AFS president Gerhard Kloop.