To: riposte who wrote (3331 ) 12/1/1998 1:51:00 PM From: david sosiak Read Replies (2) | Respond to of 5827
Dear Stephen& Steve, You guys either don't get it or you live on another planet. Big oil mergers are for what reason, their markets are shrinking,glut of oil,soon to hit $5.00 a barrel, even if they can ship,process it because of Y2K.Then what's behind the big bank mergers?? Fuel cell technology is not new but has been perfected by Ballard, This thread continues ad infinitum about fuel cell tech.in auto's and busses.Really, who cares,this will happen as a mater of fact but the real R&D is in fuel cell for home and manufacturing, which has already happened. During these difficult times, ahead we all face because of Y2K, no power,because they fry the grid,no oil because they can't ship or process it,what else do you think the market will turn to in a big way.This is why Ballard is signing all these agreements with Japan. Have you seen one utility company,nuclear plant,proclaim they are non-compliant because of Y2K,of course not,because the bonds they sell would be worthless tomorrow,the market will trash the whole sector. Come on, guys, your much smarter than this. Ballard is to fuel cell tech as MSFT is tooo,you guys will get it,hopefully not to late.Anyone selling at these prices will soon come to regret.For you shorts who seem to predominate this thread,do you find your shorts getting a little tight!! As your aware big business,big governments etc.. don't do anything until they confirm who is paying. This painfully obvious when you see that only 25% of the money to be spent on Y2K has been spent!! That means,with time fleeting,their is just not enough time for these companies to insulate their mission critical systems. Furthermore,as we all start to see this lack of preparedness,these companies-utilities for example will start including these notices,"in order to combat the Y2K problem will will have to jack up your rates 30%",if we don't do this,we will not be able to combat the bug,so what would you like us to do!! You get the point,we will ALL pay for Y2K one way or the other.The real companies responsible will go bankrupt seeking Chapter 11 protection. Wait until the banking holiday's start,then you'll see. The only things compliant are cash and gold,in just about that order. Happy Investing!! Good Luck... Regards, Dave