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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: Thomas J. Smith who wrote (3346)	3/17/1999 6:50:00 PM
From: WALT REISCH	Read Replies (4) \| Respond to of 8393

Excerpt from Motley Fool's Market Movers March 17, 1999 18:12 The Motley Fool's Market Movers (Heroes) . . . Automotive fuel cells developer Ballard Power Systems (Nasdaq: BLDPF) revved $5 3/8 higher to $34 5/16 today after DaimlerChrysler (NYSE: DCX) unveiled its fourth prototype for an environmentally friendly car with Ballard hydrogen fuel cells. Even though the zero-emission car's unveiling had absolutely zero effect on Ballard's business fundamentals, any news that coaxes the media spotlight back on the future of electric vehicles (EV) in this country is a positive for the company. Recently, EV development has taken a back seat at the Big Three, which are ironically reaping big profits from such environmentally unfriendly vehicles as jumbo- engined pick-up trucks and aircraft carrier-sized sport utility vehicles. But with only two years remaining before the stringent car emission standards set by the California Air Resources Board are scheduled to take effect, Ballard is hoping EV development is ready to kick into a high gear and start driving its revenues higher. For complete market coverage written by investors, for investors, click over to www.fool.com.