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

To: Rob Davis who wrote (884)	4/19/1999 9:09:00 AM
From: keith massey	Read Replies (1) \| Respond to of 6016

Anyone else just see it at $19.75 for a couple of seconds.... KEITH

To: Rob Davis who wrote (884)	4/19/1999 9:09:00 AM
From: AriKirA	Respond to of 6016

NP says Global Thermoelectric stock triples on Delphi order Global Thermoelectric Inc GLE Shares issued 16,113,384 Apr 16 close $10.70 Mon 19 Apr 99 In the News The National Post reports in its Saturday, April 17, edition that Global Thermoelectric stock tripled in value Friday after the company said it agreed to help develop a fuel cell system for Delphi Automotive Systems. A Bloomberg News dispatch to the National Post reports that Global Thermoelectric, which had $9.1-million in revenue in the nine months ended Dec. 31, is trying to develop a fuel cell that creates electricity and leaves only water as a byproduct. Pacific International Securities analyst Kevin Binnie says it's early days for Global and the stock is definitely trading on a single piece of news. The paper says there are some similarities with Ballard Power Systems, which is much further along in developing a fuel cell for use in cars. Global had 15.9 million shares outstanding at July 31, 1998. At the time, three directors owned 38 per cent of the company. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com