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: keith massey who wrote (613)	4/17/1999 5:29:00 PM
From: pink789	Respond to of 6016

Keith, Good perspective on Friday's trading levels, float levels, etc. Do you agree that Friday has created massive support at the $10 to $15 level. I doubt if we're going to see $9 again and even $15 for very long. On another topic, I didn't see much discussion on a Calgary Herald story from earlier this week. biz.yahoo.com In this story, Larry Kyle of GLE says they have "... also recently received a development contract from the U.S. Army to build heaters for service vehicles." and is then quoted as saying: ''The potential with the service vehicles is far greater than with the combat vehicles,'' said the company's chief financial officer, Larry Kyle. ''These heaters are also compatible with almost all other NATO vehicles.'' Has anyone taken a SWAG at the military vehicle market size? I expect that Delphi could potentially help GLE to get to large scale production. So my SWAG (which I caution is made after a huge party last night for GLE's Friday run-up), is there must be on the order of 10M Nato vehicles. If GLE can get $100 to $1K profit on each heater then it is a $1B to $10B market. With a Delphi connection, and a long way down the road, heater production for FC cars may be a nice market. I'm betting the Delphi - GLE connection is going to be strong and long term. My take on GLE and the Hydrogen Economy is that we are at about the same point that the semi-conductor industry was in say 1952 (i.e. single NP junctions per package, Geranium versus Silicon, lots of lab work and limited commercial successes). Now imagine how far the semi-conductor moved since 1950 to now to get a sense of what may lie ahead for GLE and other like companies. KGB