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

To: Ciao who wrote (370)	4/12/1999 9:30:00 PM
From: Ciao	Read Replies (1) \| Respond to of 6016

Interesting post from CANSTOCK forum; Murray E-Mail: mur@interlog.com Date/Time: 4/12/99 1:25 PM Subject: GLE Body: Gle holders who bought at under a dollar are very pleased with the recent stock performance. I had an opportunity to speak with Larry Kyle, the CFO today and he said their phone has been ringing off the hook. apparently Reuters is doing a story on them. He indicated to me that another press release may be coming out this week, but of course he could not tell me waht it was about. He also adviced me that orders for their heaters for the oil and gas industry are picking up. 2000 year start April 1 so this year looks to be a blockbuster year for them. I think that we may see revenue in excess of 20 million and profits of 15-20 cents a share (although dilution re the warrants will bring it down somewhat). If the company enters into joint ventures with big telcos then we may see big revenue on that end as well. I have no ida where this stock price will end up by year end. by way of contrast or comparison(depending on your view of these things) Ballard went from a dollar or so to a high of 188 a share in only a few years. I dont think Gle is BLD but the story is exciting. Perhaps a 20-30 dollar stock is attainable in a 2 year time horizon. the high tech share price market is crazy. If bit can go up 10X in 6 months then gle is capable of such performance in even a shorter period of time. Just my thoughts.

To: Ciao who wrote (370)	4/12/1999 10:14:00 PM
From: Gulo	Read Replies (1) \| Respond to of 6016

Ciao/ There are no harmful emissions from the Ballard (PEM) cell because is uses pure hydrogen as its energy source, and produces pure water as an exhaust. In GLE's (SOF) cell, methane is the fuel source, with CO2 and water as the exhaust. When the company says it has essentially no harmful emissions, they don't mean absolutely no harmful emissions. There are very minor amounts of CO, etc., but they are nowhere near as high as from natural gas burned in a piston engine. Ciao, Andrew