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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 (2342)	4/13/1998 5:51:00 PM
From: David E. Smith	Read Replies (1) \| Respond to of 5827

Thanks Hawkeye, for pointing me to the UCS document. All: I ordered a copy of "Zeroing Out Pollution - The Promise of Fuel Cell Vehicles" by Jason Mark, Published by The Union of Concerned Scientists. ($6.00 + S&H) It (the hard copy) arrived today, and contains 55 pp. of analysis summary. It's the best compilation of facts and projections I've seen yet. It's a good read, for proponents and critics alike. You can access UCS Publications (as Hawkeye previously mentioned) at: ucsusa.org

To: Hawkeye who wrote (2342)	4/13/1998 6:23:00 PM
From: Sleeperz	Respond to of 5827

IMO I think GM is just doing R+D buying the Toyota Prius and the Ballard fuel cells. It doesn't mean GM will work with Ballard or Toyota on Fuel cells in the future. GM already has a manufacturing relationship with Toyota building the Corolla and its GM conterpart,( I can't remember the name at the moment might be the GM Prizm). If they do all get together it usually for low volume low margin applications. Although this goes on in the Auto industry all the time. The Japanese first got their start copying the North American Auto designs then refined them and made them better. The rest is history. So GM is saying Payback time, Be our R+D lab. :-) But the point being is Fuel Cells vehicle will not become high volume for quite a while and GM is doing R+D now rather than later when all the FC patents expire. By then FCs will have a higher percentage of vehicles sold. cl BTW Good article on the Hybrid Electric as good or better than its diesel counter part. teleport.com First-Ever Hybrid-Electric "Hummer" The ultra-rugged combat vehicle, the first of its kind, boasts twice the acceleration and climbing capability of a conventionally powered "Hummer." It can zip from zero to 50 in 8 seconds and climb a 60% grade at 17 miles an hour. A conventional HMMWV takes 14 seconds to accelerate from zero to 50 and can climb a 60% grade at 7 miles an hour. The hybrid's performance is all the more remarkable since, with a payload of 1,700 lbs., its gross vehicle weight (9,100 lbs.) is the same as a conventional HMMWV. >>> There's a reason GM's market share is at an all time low. I wouldn't say that their buying 3 Priuses has much to do with their relationship with BLD. The point seemed to be missed by many when GM announced it will buy more of BLD's fuel cells in a $3 million plus contract. I agree the stock behaved irrationally to a small contract that day, but the importance of that contract in my mind was that it came AFTER GM announced a major push into fuel cells on the part of it's global operations. They said they had their own fuel cell they were testing but would still work with BLD going forward and then they order more BLD fuel cells. The point is that actions speak louder than words and that GM obviously feels it still needs to be working with BLD regardless of their own development efforts.<<<