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Technology Stocks : FUEL CELLS 1999's Hottest Sector -- Ignore unavailable to you. Want to Upgrade?

To: Josef Svejk who wrote (35)	1/28/1999 1:15:00 PM
From: SirAlexx	Respond to of 171

This is a great post, which speaks right to the issue, Government Money A misconception I frequently encounter, particularly among Ballard investors, is seeing the existing high market capitalization as a limiting factor in the future profitability of a company. This would be true under conventional circumstances. However Ballard, other industries involved in the implementation of fuel cells and other renewable energy systems, and their customers will inevitably receive a remarkable infusion of government subsidies to create a new market based on renewable systems. This state of affairs is presently evolving globally. Government managers, regardless of political affiliation, will find they have less and less room to maneuver but in the direction of renewable subsidies as the first world recognizes the threat of the emerging third world to its energy supply. Possessed of great technological resources and knowledge, the first world will move toward the most profitable, reasonable and elegant solutions. These solutions will be clearly superior to the options available to the third world as its rapid growth matures, and as economies of scale reduce the cost of entry into these new renewable technologies, the thrid world will subsequently become a market in which the first world will recapture the cost of its initial investment many times over. This is sound business practice at the level of nations and we are all going to profit by this.