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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 (82)6/29/1998 11:24:00 PM
From: see clearly now  Respond to of 6016
 
I am a newcomer so am not so informed as some but my preliminary view is that this is a longer term 18 months to two year hold for 3 to 5 times...that is what I am looking for and why I am tracking it. I follow about a dozen similar companies with the hope that 30% will become winners. I have no time or interest in trading in and out!



To: Ciao who wrote (82)6/30/1998 12:08:00 AM
From: diddlysquatz  Read Replies (1) | Respond to of 6016
 
Ciao, I have also been a little disappointed with this company's stock performance. What I am most annoyed with is that everytime the stock begins to show some strength CM Oliver, the company that did the recent financing, sells heavily. It does not give the rest of the investors confidence when the company that should be the closest to the deal is selling. I think the other negative is that the company has in the past sold a lot of product to the Oil & Gas industry and we all know how poorly that has been performing. Perhaps it has been lumped in with the rest of the oil and gas service industry to some extent. On the subject of PR I heard that they are looking for some help but if I am a PR firm I would seriously question what CM Oliver's plans are before I consider taking on the responsibility of finding buyers for the 3 million shares and 3 million warrants that CM Oliver placed.

Cheers,

Paul



To: Ciao who wrote (82)6/30/1998 5:11:00 PM
From: speculatingvalue  Read Replies (2) | Respond to of 6016
 
In mid May, Jim Perry told me that they were in the process of hiring someone to promote the stock. He also said that they would be applying for a TSE listing this summer.

I'm not to concerned about the current price fluctuations as I am investing in the company for the medium term.

They could take a hit if oil orders fall off, but that is only one aspect of their revenue stream. They could benefit on their international orders because of the weak Canadian currency.