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

To: Mike Perras who wrote (3671)	1/17/1999 7:53:00 PM
From: William Peavey	Read Replies (2) \| Respond to of 5827

Not yet. My crystal ball is exceptionally cloudy on this one. That is why I still hold Nabors. I don't believe any of the oil producers are threatened by the fuel cell, now. There are probably still too many kinks in the FC technology. But eventually, gasoline will be sidestepped in favor of alcohol, and eventually that in favor of pure hydrogen. I do not speak from a position of technical authority. The Fuel Cell is simply a power source that I sincerely want to see succeed. The petroleum industry is hard on "the environment" in all its aspects. And I think President Gore is going to press this position. <g> Bill Peavey

To: Mike Perras who wrote (3671)	1/18/1999 11:57:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 5827

Mike: I don't necessarily see BLDPF as a threat to the petroleum industry. Jeeez, just look around at this high-tech civilization humans have built, and I defy you to find a way to extricate petroleum out of it. But that's not necessarily as it relates to transportation, which I will admit I don't see Exxon being an energy source provider of by about 2050. The simple fact of it is petroleum is too valuable a commodity to refine, stick in a tank and then burn! Therefore, petroleum will always have a place. However, industry consolidation will most probably occur as, once FC technology matures, gasoline will no longer be a high demand item. At least that's my read of the 'ol crystal ball... So where to place yer monies when looking 20 years or so out? Me thinks BLDPF is a good speculation. As is ultra-capacitor manufacturers, high-tech plastic battery and solar-cell type companies and a slew of other "futuristic" potentials..... John~