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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 (192)	11/12/1998 4:10:00 PM
From: speculatingvalue	Read Replies (2) \| Respond to of 6016

I'm always nervous when results are late (companies don't usually sit on good news), but I think they've been pretty busy with their core business. A lot happening there! Much of their existing business is for the gas lines, which haven't been hit as hard by the oil slow down. I'm assuming they'll keep most of it. They benefit from a slow down in that it is easier to find trades people (welders, etc.). They are probably going to take a hit in third world and Asian orders, but that isn't their meat and potatoes. The results should reflect ramping up of heater production. IE. they weren't up to 200 / month yet, but they should show some additional revenue. This contract is expressed in US$ and their expenses in Canadian. That should represent a windfall. My guess is it will be better than the first quarter (potentially a lot better) and will talk glowingly of next quarter which will reflect full heater production. Given the way tur.a keeps moving, I wonder if they are going to tie the quarterly results to a press release about a new relationship? Pure speculation...