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

To: 1st.mate who wrote (1616)	4/28/1999 6:03:00 PM
From: Ulster1	Read Replies (2) \| Respond to of 6016

The volume was off quite a bit today. I think a lot of the momentum guys are going to be leaving this one alone. No news for an extended period of time will grind this one down. Until the magnitude of this Delphi deal is known, the price will hover from 8.00 to 10.00. (This must be the price allowance that the market is willing to attach until this speculative situation reveals it's true net worth). The destination of these shares will tell a good chunk of the tale. Obviously a cross to an institution or two would drive the price down in the short term to facilitate the transaction. (Since mysteriously the share price in any given stock goes down for this practice - I would assume the same to apply here.) In the long term, a couple of large institutional purchases will add a lot of credibility to GLE's plans to perform on behalf of it's shareholders. Good luck to all. U1