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

To: Panita who wrote (2894)	7/17/1998 10:59:00 PM
From: Sleeperz	Respond to of 5827

No kidding Ballard is not a today story for current earnings. That is why I compared Ballard to the Internet stocks which also have no earnings. I believe in what Mercedes and Ford believe in. They invest in Fuel Cell Technology, not just Ballard. MB invested in ERC and Ford is also working with ONSI-IFC. cl >>> If you don't believe in what Mercedes, and Ford believe sell and go elsewhere. <<<<

To: Panita who wrote (2894)	7/18/1998 6:59:00 AM
From: Brock Landers	Respond to of 5827

I bought Ballard Power for long-term growth. I truely believe in the company and what they are trying to do environmentally. Sure, I want to make some cash and I have watched it go down 24% since I bought it. However, I put it in my SDRSP and will look at it in a few years. I believe that in a few years, Ballard will still be there and doing rather well whereas many of the internet stocks will have either disappeared or dropped dramatically. Ballard is definitely not one to buy if you want the quick buck. However, it is one to buy if you want long term growth. I believe it will be a future blue chip. I recently saw a great program on the CBC (Canadian Television) that profiled Ballard. It also addressed the smog problem that exists today largely due to emissions from vehicles. This problem has to be addressed very soon and even the CEO of a Petroleum company admitted this on the program. It also went into the fact that Ballard's fuel cell is being tested successfully in Boston to be used in conjunction with gasoline and still results in zero emissions. Furthermore, the program showed one of Vancouver's Ballard Buses and how smooth it operated and pumped out nothing but water into the air. If you believe in what Ballard is doing and are patient, you will be rewarded. If you aren't then you should put your money in the Internet Stocks and watch them every day. There are hurdles to be overcome, and cost of production is the biggest. The CEO of Ballard was quoted as saying that in this business, if you can get costs within a multiple of 10 times of what the cost of making a vehicle is today, then you have a chance. Currently, Ballard is 3 times the cost of what a vehicle costs today with today's technology. This is where the speculation lies. This is why there is no news as Ballard strives to get that cost ratio lowered even further. When the cost gets to be the same as it costs to produce a vehicle today, then the revolution begins. It all comes down to whether you believe the revolution will be allowed to begin? Have you been outside in the humidity and smog recently? Has your city been issued an air-quality warning recently?

To: Panita who wrote (2894)	7/19/1998 6:40:00 PM
From: William Marsh	Read Replies (2) \| Respond to of 5827

The problem with BLD is not that the technology is no good, or the management is poor. The technology is great and the management consistently meets its targets. The problem is, it is over priced, which is the result not of companies, but of the poor judgement of hordes of investors. When BLD started to climb from the high 20s (before the split), BLD management said it knew of no reason to account for the appreciation in price. They continued to say so throughout its explosive climb. If it crashes back down to around $10, where it belongs, they are not on the hook. The point is, BLD can continue to successfully implement its business plan and meet its targets for the next 5 to 7 years and still not justify its current price. Any stock, no matter how good the company, can be over priced. When BLD gets below $10, I may get back in.