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


To: Tom_ who wrote (3892)3/17/1999 9:43:00 PM
From: Panita  Read Replies (3) | Respond to of 5827
 
Thanks Tom. Keep posting the links to articles.



To: Tom_ who wrote (3892)3/17/1999 10:20:00 PM
From: Tom_  Respond to of 5827
 
Motley Fool piece.

Mar 17, 1999 (6:34 PM ET) - The Motley Fool Evening News

Automotive fuel cells developer Ballard Power Systems revved $5 3/8 higher to $34 5/16 today after DaimlerChrysler 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.
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Tom (huff-puff)