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To: jbal who wrote (17)6/17/1998 11:18:00 AM
From: Marty Lee  Read Replies (1) | Respond to of 53
 
jbal...

After I posted about Ballard, I went to my mail box and got my IBD. I read the news. Ballard is now 39% off its March high and has just dipped below its 200 day moving average. Its a buy at $25 (and still after a 3 for 1 split). Hope Reg Tech can say the same this Autumn after John quits to spend more time with his family and pursue other opportunities.

Currently, it is my understanding after speaking with John, that John might be flying to Detroit to find out just how Paul LaMarche is coming along with the oil pump project with Ford. John made no mention of his being in a position to contract a licensing agreement with Ford for any of Paul LaMarche's efforts. In fact, John sounded rather removed from Paul LaMarche and the project; the oil pump a mere possibility under the hood several years from now.

My impression,
Marty