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


To: Sid Turtlman who wrote (2380)4/17/1998 2:04:00 PM
From: coyote  Read Replies (2) | Respond to of 5827
 
As I pointed out previously there are times of the day that electricity is free to businesses at least in this country(Canada) so if there was a small scale way to use it to either recharge or make hydrogen out of water it could be done especially for things like delivery vehicles etc. You could conceivably see a cottage industry out of businesses that have a high electricity bill but only use theirs for 8-12 hours per day



To: Sid Turtlman who wrote (2380)4/17/1998 2:08:00 PM
From: Eric Freeman  Respond to of 5827
 
The valuation on Ballard is way out of line (IMO) - whether now(very short term) or over the next year, the stock will retrace much of its way back down, as the reality of the true costs, time frames, uncertainties, competition and current valuation begin to weigh on this stock. It is fine to have all the joint venture partners etc. but in the end you do have to see cash flow which justifies a multi billion dollar cap. I doubt seriously the market has the patience to keep it up at these levels. Or do you all think that it is smooth sailing between now and 2005?? Time will tell, but I guess you can figure which side of this trade I am on.

Eric