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


To: Wiselight who wrote (474)4/16/1999 11:56:00 AM
From: J. Plantinga  Read Replies (1) | Respond to of 6016
 
The way I see it, one of the questions has been can GLE make a go of it in the automotive industry. That seems to be the real jackpot. Well, Delphi has in effect answered that question for us. And they have very(!) deep pockets. If the further negotiations between these two companies comes to a positive conclusion (i.e., Delphi agrees to fund the entire fuel cell development project), this is absolutely huge! Don't know what kind of news release could have been better...Anyone?

Cheers,
JP



To: Wiselight who wrote (474)4/16/1999 12:03:00 PM
From: speculatingvalue  Read Replies (2) | Respond to of 6016
 
Consensus is that this could go to $20 now.



To: Wiselight who wrote (474)4/16/1999 4:24:00 PM
From: Mark Kubisz  Read Replies (1) | Respond to of 6016
 
Wiselight, wake up! Don't you see this deal changes everything? Why do you think this stock shot up to $15 within 10 minutes of reopening? A few days ago people were excited about the improvement in the fuel cell's operating characteristics, but that automotive uses were not yet in the picture,and that took us past $6. Now along comes this news release and people are seeing this thing in a totally new light - we now have a deal with one of the world's largest automotive parts companies, and unless they screw up royally, this only the beginning. This is Ballard all over again.