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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (1873)	10/10/1998 7:06:00 PM
From: Mad2	Respond to of 2506

Dale, This company is in the alternate propulsion business. The most visible in that area is BLDPF. They have a fairly active thread that I used to follow but quite because frankly there are a million goofy ideas out there that claim to offer the promise cleaning the air or replacing oil. If any of them ever come to pass the competitive instincts of the sucessful auto suppliers and negociating tactics of the motor car companies will make sure competition exists and that profits will be thin. GM can't give away their electric vehicles. Robert Stemple who is chairman is too engineering orientated and not bottom line orientated which is why GM quickly fired him when they realized they made a mistake. Looks like the same thing is happening at ENER. IF this company manages to get additional cash and stay alive they will never make it in the auto business loosing 11 mil on 24 mil in revenues