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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: speculatingvalue who wrote (312)4/9/1999 6:46:00 PM
From: Ciao  Respond to of 6016
 
WOW, what a day, it started slow but really picked up, great momentum. Well, it took about one and a half years, but we finally have a triple and change (from .99). I hate to jinx the stock but a four bagger is not far away and a ten bagger would not be out of the question. The best way to determine where the stock may be headed would be to do market cap comparisons between GLE and BLD taking into account where they both are and where they could go.



To: speculatingvalue who wrote (312)4/9/1999 7:11:00 PM
From: J. Plantinga  Read Replies (2) | Respond to of 6016
 
$10 is not out of the question in the near term, IMHO. If it gaps up on Monday I'm betting we see the other side of $6.00 by Wednesday.

Until today GLE was valued and traded based on the Company's existing financial position and sales/earnings history. Not any more. It has now officially become a momentum play that will trade on the basis of (perceived) potential--not unlike the Internet performers. Two days ago GLE was seen (valued) as being in the heater production business with some fuel cell research on the go as a nice little bonus. I believe the perception will now be that GLE is a real player in the fuel cell arena that just happens to have a nice little heater production business going on the side. Suddenly, joint ventures, strategic alliances and possibly buyout offers all become very possible. I would even say "probable". Funny what a difference a couple of days makes...

Just my thoughts...
Cheers,
JP