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

To: Kayaker who wrote (3869)	3/17/1999 12:24:00 PM
From: Hawkeye	Read Replies (3) \| Respond to of 5827

Bob, with respect to the cost I would point out that they currently peg the cost of the fuel cell hardware at 10x what is needed. Firoz Rasul has been quoted saying that the rule of thumb is that when your prototype is within 10x what the price must be, the rest can be squeezed out through economies of scale in the manufacturing process. This is also consistent with what I have heard which is that the company believes it can now get the costs down to where they must be on a commercial basis through economies of scale. So I think we are very close at this point however no announcements have been made with respect to this yet. I was impressed with the strength of Schrempp's comments today. Regards