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

To: fut_trade who wrote (3035)	8/28/1998 10:56:00 AM
From: HarveyO	Read Replies (3) \| Respond to of 5827

I don't recall seeing this article posted on this thread that appeared in the Vancouver Sun last friday. While it may not be viewed as earth shattering, things are moving in the right direction. If we can ever get over this "economic flu", I expect that BLD will turn around fairly quickly. Harvey Van Sun/CP say Ford trials passed Ballard Power Systems Inc BLD Shares issued 23,083,665 Aug 20 close $35.05 Fri 21 Aug 98 In the News The Vancouver Sun reports in a Canadian Press dispatch in its Friday edition that a Ballard hydrogen fuel-cell engine slated for Ford's version of the U.S. P2000 lightweight passenger car has passed crucial tests, clearing the way for a prototype within a year, according to the two companies. The zero emisssion engine was run successfully through several drive cycles at Ballard Power Systems' research headquarters in Burnaby, according to Brad Bates, Ford Motor manager for alternative power source technology. Ballard will deliver the engine to Ford's Dearborn, Michigan, research facilities within a couple of weeks and a running prototype should be ready for testing within a year, according to Mr Bates. He says this is the first actual delivery of a fuel cell system from Ballard to Ford, which is quite a milestone. Ford, along with Germany's Daimler-Benz, have owned stakes in the Vancouver-based fuel cell developer since last year. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com