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


To: Sid Turtlman who wrote (3648)1/7/1999 10:22:00 AM
From: HarveyO  Respond to of 5827
 
Globe says Ballard unveils pollution-free fuel cell engine

Ballard Power Systems Inc BLD
Thu 7 Jan 99 In the News

The Globe and Mail reports in its Thursday, Jan. 7, 1999 edition that the
first driveable North American car containing one of Ballard Power Systems'
pollution-free fuel cell engines was on view yesterday at the Detroit auto
show. The Globe's Peter Kennedy writes that about 50 officials from Ford
Motor Co., were on hand as the cell-powered white P2000 sedan was shown to
an audience that included 350 journalists. Ballard chief operating officer
Kip Smith said the event is a milestone for the company. Investors seemed
to agree with that view by sending Ballard shares up 60 cents to $44 on the
Toronto Stock Exchange yesterday. Ballard and its partners, Ford and
Daimler-Benz AG, are in a race with other auto makers to develop a fuel
cell system for commercial use by 2004. Ballard has been in need of good
publicity after an article in Barron's implied that tests of the company's
fuel cells in Chicago buses are not going as well as planned. Ballard stock
dropped by 8 per cent on Dec. 21, the day after the Barron story.



To: Sid Turtlman who wrote (3648)1/7/1999 6:43:00 PM
From: Garth Richmond  Read Replies (1) | Respond to of 5827
 
Congratulations Sid, on a post that I agree with a good portion of, at least in principle. I agree hybrids are the main threat to Ballard's success, although I believe that FC's (and Ballard) will eventually win that contest. Also the point about building FC's for auto's being a drawback to stationary power, I agree with, although I'm also sure that there will be niches in stationary power where they will be perfect - places where high temps are undesireable.

Perhaps I was most pleased to see no stupidity in your post re: Ballard and/or Daimler subsidizing the hydrogen/methanol infrastructure. After all, we all know Ford paid for the gasoline infrastructure...NOT! We've beaten that horse to death too many times already. When you revive it again for another round, it only serves to make you look forgetful at best, or more likely, that you just can't see past your own opinion to consider facts.

By the way, I was pretty disappointed with the Barrons article. The author couldn't seem to grasp the difference between field trials and mass production. (e.g. the comparison about not sending my car back to Detroit for servicing, blah blah). I was a bit concerned when I heard about the article, thinking there might have been real problems, but after reading I concluded that (a) the author is *not* one of Barron's brightest lights, and (b) the author evidently does not understand the dynamics of R&D work.

Garth.



To: Sid Turtlman who wrote (3648)1/9/1999 1:37:00 AM
From: KW Wingman  Read Replies (1) | Respond to of 5827
 
We remember the dinosaurs who did not want to or could not change, we know what happened to them. Negative minded Sid appears to be stuck in the past. He continually invents supposed reasons why something will not work. Sid's unworthy opinions will fade and will not even be remembered. It is only a question of time until the stock will fly in the future and negative minded Sid will eat his dirty shorts.

Hane a nice day,

KW Wingman