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


To: Edward W. Richmond who wrote (2307)4/10/1998 10:23:00 PM
From: Sid Turtlman  Read Replies (2) | Respond to of 5827
 
Edward: Three years aren't up yet. My target price remains, although adjusting for the split I'll have to say low single digits. By then, with the positive publicity all milked out, and technical and economic problems remaining near insurmountable, I expect to see the auto companies quietly move PEM fuel cells to the back burner. With 80 million shares, and perhaps more by then, a few hundred million dollar market cap would still be quite generous for a company with little hope of operating profits.

Check with me then.