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


To: Brian Krenbrink who wrote (1030)4/19/1999 10:11:00 PM
From: speculatingvalue  Read Replies (2) | Respond to of 6016
 
I was told the news release would be out shortly after the warrants expired.

They earnings should be positive as they have ramped up heater production to 200 units per month. Earnings had been down because they couldn't meet the demand before. They have an $18 million contract with the US military and just announced a second contract last month.

Also, I'd expect their thermoelectric generators will pick up in anticipation of rising gas prices. (They sell to the gas industry.)

Then again, this stock is no longer driven by current earnings, but future potential.



To: Brian Krenbrink who wrote (1030)4/19/1999 10:26:00 PM
From: StockPro  Read Replies (1) | Respond to of 6016
 
Year-end results (which need to be audited, adding additional time to the process) rarely get produced or released in such a fast time frame. If they follow the same schedule as they did last year, you won't see year-end results until June 3rd.