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

To: Kevin Hamlin who wrote (367)	4/12/1999 8:58:00 PM
From: VisionsOfSugarplums	Respond to of 6016

Good summary. Here's one more thing - GLE already has $3 million sales per quarter (BLD $6) from their existing products, and they just ramped up production to produce 200 units per month of the crew compartment heater. They plan to deliver this many units to the US army each month over the next year, which will increase revenues further. Ballard has a market cap of $4 billion, GLE has a market cap of $95 million - BLD compared to GLE is 42 times market cap and only 2 times current revenues. And GLE now has a newer and better product. t.