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: Wiselight who wrote (1582)	4/28/1999 1:11:00 PM
From: Rampant	Read Replies (1) \| Respond to of 6016

Wiselight. Sorry if I missed it(Lots to read) but where are you basing that analysis on? T/A or fundamental. Just looking for information. Thanks Rampant

To: Wiselight who wrote (1582)	4/28/1999 1:31:00 PM
From: the Chief	Read Replies (3) \| Respond to of 6016

I just finished talking with GLE's Larry Kyle. He has informed me that Foundation Equity Corporation filed with the TSE so that "in the future" they would be able to take advantage of price appreciation in GLE. Mr. Carry Brown Pres. of Foundation Equity Corporation does not intend on selling at this time. His hope is that they would be able to transfer as a block, the shares to a mutual fund , but again, not at these prices. Foundation Equity Corporation was a venture capital company that funded GLE in the early 90's and have been holding there position since then. Because they control such a large block of GLE, they had to file to sell "ANY" shares in GLE, therefore it was prudent to ask for a large block all at once, instead of dribs and drabs. Foundation Equity Corporation will act in a responsible way, and will not put any undue selling pressure on the stock! the Chief