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

To: timester who wrote (66)	6/1/1998 3:35:00 PM
From: speculatingvalue	Read Replies (1) \| Respond to of 6016

More answers: 1. I don't know if Jullich has a web site. 2. I think they did an initial shipment on a testing basis. The fisrt big shipment will be for 1700 units. The entire contract is for three years and 18 million dollars. 3. The profit should be higher fourth quarter. The first quarter was unusual as they completed a big contract with China and India. I would expect an average of first and second quarter profits as an estimate. 4. I don't think they will be marketing in a few months, but when the time comes (year 2000?), they will be in a good position as they have existing marketing channels and customers. This new product will fit well into their existing product line. 5. I think your downside risk is 90 cents to $1.05. Many investors got one warrant and one share for 90 cents. The warrant is exercisable at $1.05. That means there isn't much incentive to sell below this price. I think the upside potential is very attractive. When the price falls, it seems to be because of low volume, rather than because of any serious dumping of positions.