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

To: Stephen O who wrote (94)	7/8/1998 11:08:00 PM
From: Moshe	Respond to of 6016

I agree with you. The company holds great promise and focussing on just this Q is a mistake. I understand that TACOM is going to increase their order from 1800 units to 3800 units. At 200 units a month that will bank GLE a million a month for 19 months. At about 5 cents a q profit from just this contract the company should make at least 20 cents a share in the fiscal yeaat starting march 1999. I think they will make 18 cents a share this year before taxes. There is a rumour that a us cable company and telco are quite interested in the SOFC but the company can't announce anything yet until the deal is firmed up.