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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Ciao who wrote (27)	4/14/1998 10:56:00 AM
From: speculatingvalue	Respond to of 6016

When the price dropped to 1.13, I put in a bid at $1.19 and no one would sell. It seems like someone is letting the price collapse in the morning, then buying a bunch starting an hour before closing. Or maybe it is just a coincidence. I don't know what the effect of the stock dilution will be on p/e, but I still think they are undervalued (even at $1.55). They have solid products and good contracts. They appear to be growing under good management. I see their existing product line as a good investment. The whole fuel cell thing is just desert!