Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (21177)	1/4/1999 10:07:00 AM
From: Dr. Harvey	Read Replies (1) \| Respond to of 120523

Dave here it is, DCHT pros and cons: Pros. DCH has Partnerships or alliances with most of the US National Labs, including Sandia, Los Alamos, Oak Ridge, Simon Fraser Univ., Desert Research Institute, US Naval Research Institute, etc. Their customers are all the corporate giants in the US: Northrop Grumman, Ford Motor Corp., Lockheed Martin Defense Systems, NASA, Westinghouse, Allied Signal, Exxon, General Electric, General Motors, Pratt & Whitney, TRW, Ballard Power, etc. Their main product is the Robust Hydrogen Sensor developed at Sandia National Laboratory with a chip made by Allied Signal. Their second product is the Thick Film Hydrogen Sensor developed at Oak Ridge National Laboratory, and their third product is the Fiber Optic Sensor developed at the National Renewal Energy Laboratory. Their fourth product is the Universal Gas Sensor developed at Simon Fraser University, and last but not least is their blockbuster PEM Fuel Cell developed at the Los Alamos National Lab. The Chairman of DCH is David Haberman, who is a co founder of the California Hydrogen Business Council, a member of the Hydrogen Technical Advisory Panel, and Chairman of the Implementation and Planning Committee of the National Hydrogen Association. Their PEM Fuel Cell will be unveiled at the 10th Annual National Hydrogen Association Convention in April. DCH has also formed the Maritime Hydrogen Technology Development Group which teams DCH with CryoFuels, Morton Thiokol, HBT, Northrop Grumman, Allied Signal, Pacific marine, Infrasol, Desert Research Institute, and Los Alamos National lab to retrofit a ferry for hydrogen power. Their Chief Scientist is Dr. Mark Daugherty who co-ordinates the Cooperative Research and Development Agreements between DCH and the US Dept. of Energy, and is a recognized expert in the areas of hydrogen utilization technologies, and formerly from Los Alamos, where the PEM Fuel Cell was developed. There are 9 million shares outstanding and a little less than 3 million in the float. 4.5 million shares remain restricted by insiders and will stay that way. DCHT has no debt and their officers do not draw salaries, working instead for stock and options. The stock is currently hovering near its recent low of 5/8 with a high of 8 1/4 in early summer 1998. The stock has a huge following as a result of the spring rally, and is in a very exciting field which is picking up momentum as other fuel cell developers make announcements of breakthroughs. Cons. A rash of 144 filings hit the stock in the summer of 1998 killing the rally and continued into the winter. It is believed that most of that selling has abated. Those sales are falsely reported as insiders, when in fact they are from the original shareholders of the shell they bought and the promoters and early financiers. The majority of the selling was from one former insider who used his shares to settle debts. Those sales are believed to have been sold, and are now in the hands of longer-term investors, although it cannot be assured. The stock is under followed and has no analyst or brokerage support yet. That is also being worked on. The company is still not reporting, but they plan to file their form 10 in 1st. Quarter 1999.