Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gulo who wrote (584)	4/17/1999 9:53:00 AM
From: Kevin Hamlin	Read Replies (2) \| Respond to of 6016

A week ago, people were saying that Global's technology was awesome...potential for remote powering, telecommunications, a potential 2 BILLION dollar market. There was even some discussion of things things like home based power production which I think is a HUGE potential. As noted from the Global website: <<<Global believes that the high efficiency and power output provided by this type of cell can be used in large potential markets such as telecommunication systems, oil & gas sites, residential & commercial utility applications as well as future hybrid electric vehicles. However good people thought the potential was for Global, most were saying that the car market wasn't feasible. Well as of Friday, it obviously is!!! Here's a quick recap of a comparison of the technology with Ballard's. Personally, I think Global's technology is far better!!! 1) HALF the size of Ballards unit, and TWICE the power output!! Now if you were a car manufacturer, which sounds more appealing!!! GLOBAL!! 2) Able to run on fuels such as natural gas DIRECTLY, i.e., it can handle the impurities of fossil fuels...whereas Ballard's CAN'T!!!...not without bulky add on equipment called reformers. The PEM cell (Ballard's technology) has very little tolerance for contaminants such as carbon monoxide or sulphur compounds. This is a big negative for them. For Global...not an issue at all! Again, if you were a car manufacturer, do you want to have to make physical room for a reformer...or not even have to consider it!! Once again... GLOBAL!! 3) Possibly CHEAPER than Ballard's to produce! The reformers required by the Ballard fuel cell is bulky and expensive. This will add on to the cost. Again, if you were a car manufacturer would you want to have to pay the additional costs of a reformer? Not a chance!! Once again... GLOBAL!! Delphi coming on board is just the beginning imho. The potential here is just too massive. And to think this company only has a 16million share float!!! <GGG!!!> Ballard was trading (pre-split) at $150.00/share with a 22million float!! Kevin Note: For further understanding on Global's fuel cell technology, see globalte.com

To: Gulo who wrote (584)	4/17/1999 10:04:00 AM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 6016

As noted in an earlier discussion this week of the warrants, the theory was that most of the warrant holders would short the stock to lock in their profit. This was done over the past several days, hence the drop in price from the $6.00 level to the three dollar level. It was a safe thing to do, because they warrant holder would then use the warrant to cover the short....a "no risk" proposition for the warrant/short holder and a guaranteed profit. The good thing is that the net effect will be zero with the warrant being used to covering the short. It will not be a case of new shares flooding in at all imho. If anything, I've thought that the $3.00 range share price we saw this week was artificially low due to this short term strategy of locking in profits before the warrants expired. KEvin