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


To: Sleeperz who wrote (3529)12/25/1998 11:35:00 AM
From: William Peavey  Read Replies (2) | Respond to of 5827
 
If we can get our minds off "what is the stock going to do for me in the next quarter" and instead think long term: twenty years or so, we can agree on a few things.

One is that petroleum as a fuel source is finite, and we will gradually deplete this resource. As this becomes apparent to those blinded by "the lowest price-at-the-pump-in-one-hundred-years", or whatever the oiled shorts are touting today, the price will rise as the supply diminishes.

Second is that the hybrid car is a temporary solution. It will truly be 100% non-polluting when there is no gasoline.

Third, petroleum provides western society far more useful products than mere heat and transportation. The need for the plastics, paints, drugs etc that are created from petroleum might cause governments to insist on alternate power sources to prevent oil from all going up in smoke.

Will this mega trend enable Ballard's technology and that of Dr Harvey's favorite to prosper? Well certainly not quickly enough to ward off the Millennium Bomb as Mr Sosiak had postulated. I see Ballard as an internet-type story stock. The technological hurdles are not all solved yet, but they will be. The earnings are not here yet, but they will be.

If someone at Barron's wants earnings now, let them buy GE.

Bill Peavey



To: Sleeperz who wrote (3529)12/25/1998 11:34:00 PM
From: Thomas Stewart  Read Replies (1) | Respond to of 5827
 
Please clarify. Evidently you are saying "why bother" with fuel cells because hybrid cars create so few emissions. Are fuel cells not worth the candle because 70 mpg is good enough and no one will want to "bother" with, e.g., 140 mpg cars? That doesn't make sense to me.
However, maybe I have misunderstood you and there is a technical problem that I don't understand.

So: 1) is it THEORETICALLY possible to create a fuel cell powered hybrid car? And if so,
2) Would such a car be more efficient than an ICE hybrid car?

Don't mean to beat a dead horse, but I am curious about this. Thanks.