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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (42449)	4/6/1998 10:35:00 PM
From: Jerry J. Kaczur	Read Replies (2) \| Respond to of 61433

Glenn, Ballard's main advantage is the development of cheap(er) membranes to use for these fuel cells. That was the first key development. The other is a cheaper cell construction. But the technology is still expensive right now - where are you going to get the hydrogen for use in cars? The national labs have been developing a reformer - converting gasoline into hydrogen and CO2, but that's going to be hard to integrate - especially because of impurities in the gas. BLDPF has a very good chance for stationary power sources using natural gas. I traded this stock last year and got out (unfortunate since the recent price rise!). Just watch your caboose trading this one! jjk

To: Glenn D. Rudolph who wrote (42449)	4/6/1998 10:55:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 61433

OT----> If you really think a correction is here, why not short this fuel cell stock for $10 down, or the approximate 8% correction and then reverse to a long. At 312.5 PE, I still think it is in outerspace where the technology came from. EPS forecast is worse next year than this year at as I recall -.61 and and -$1.14, respectively, with a sale of an operating unit accounting for this year's better [relatively] performance. If you like this, BAAT is cheaper....[and no I don't recommend BAAT] Dennis