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

To: Greg from Edmonton who wrote (1419)	4/24/1999 9:31:00 AM
From: the Chief	Respond to of 6016

Hi Greg. Thanks for the compliment and welcome! NAUGHTY NOTES(NN) is more bullish than I. I believe that GLE will do very well...how well? If a stock is trading at $10.00 and goes to $12.00 then I am happy. If when it gets to$12.00 there is reasnable expectations of $14.00 great, but I prefer "baby steps"! Long term I think the stock has a very good future, but each price movement will be based solely on developed R&D and continued associations with high profile companies. I don't dismiss NN's projections as unattainable but I just don't think the health of the stock depends on meeting them in the shortterm. In a year from now...I don't think we will be unhappy!! However, I am as bullish as NN!! Any strategy comments, Chief? I am maintaining a longterm acct that I am adding to day by day as I lower my cost per share thru daytrading. I, at notime will jeopardize my longterm acct by trying to trade it. I think the company has some longterm upside potential!! the Chief

To: Greg from Edmonton who wrote (1419)	4/24/1999 10:18:00 AM
From: Stephen O	Read Replies (3) \| Respond to of 6016

From Canaccord Daily Letter on 19th April Global Thermal Electric (GLE) is a world leader in the development, manufacturing and distribution of thermoelectric generators (TEGs), vehicle heaters, and commercially viable solid oxide fuel cells (SOFC). The Company recently announced a major breakthrough in their proprietary solid oxide fuel cell (SOFC) technology, which is able to produce higher power output at lower temperatures than any other commercial SOFC in the marketplace. The SOFC was initially designed to provide power for remote locations fin oil and gas and telecommunications applications, but it is obvious with the recent purchase order agreement from Delphi Automotive Systems Corp. (DPH : NYSE) that this use is far greater than anticipated. Delphi Automotive is a major automotive-parts giant with annual revenues in excess of US$28B. Delphi has been moving towards getting into the automotive fuel-cell business. We have contacted GLE regarding this contract and the Company has been required to not disclose any details on current and future negotiations. With such a tight seal on disclosure, we are assuming from our discussions with the Company that the outlook maybe very positive for GLE. The Company expects to release further details over the following week. David Wong (604) 643-7739 PS does anyone know of any other Brokerage making any comment on GLE. I believe that the street is still very unaware of GLE