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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (7403)	4/17/1999 8:33:00 PM
From: John Fairchild	Read Replies (1) \| Respond to of 62348

Regarding GLE - My take on this thing in terms of technology is they have something that may be well above Ballard's existing technology. It is very much in developmental stages but it looks like the fuel cell design may have major benefits over the Ballard's PME design. Now the general public never knows the details and as a result does not want to commit significant investment in the unknown. Obviously GLE shared the details with Delphi and they liked what they saw. A clear signal that the technology has merit. The news goes out on Friday afternoon when most people are not looking and still the stock trades over half its float. Apparently insiders own 38%? Now that the community has had time to digest this information over the weekend with the potential of some believing that this is indeed a superior design in it's infancy you may see some buying that will just blow you away. I believe this stock could be in for a very significant run. We all know how the market can be whipped into frenzy and get totally irrational. I am looking for top dollar Monday. Don't laugh but I do think $30 to $40 is conceivable. Consider that $100 would still put this stock at about 40% Ballard. It is fun to dream but better to make money :-). I will probably settle for less. Rumor has it that a poison pill is on it's way. John