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

To: Buckey who wrote (1694)	5/3/1999 12:58:00 AM
From: Rampant	Read Replies (2) \| Respond to of 6016

To all excellent work ,good reading , one other small point: The timing of Honda's decision to get out of Electric and into SOFC cells is interesting. If for no other reason than the timing. (Last week). I posted the info and Greg followed up with the link. Is this just resignation from Honda that Electric is too heavy and expensive or was the decision prompted in any way by whispered test results from a little Canadian Company. Do we know if Honda has invested in any SOFC research or Alliances? Honda were specific in the N.R. (SOFC not PEM). Perhaps they are accumulating stock? Thoughts? Disclaimer: This is just speculation, listening to me could cost you your house.

To: Buckey who wrote (1694)	5/3/1999 10:04:00 PM
From: Sleeperz	Read Replies (1) \| Respond to of 6016

Probably not, the ROI is too low and would lower their earnings. That is why no companies bought Ballard, they just do Joint Ventures so the constant low earnings and losses do not affect the parent company's earnings and stock price. CL Anyone given any thought to a CP or an oil company taking a big interest as leverage against their dependance on Oil and Gas????? I saw CP because they own 87% of Pancanadian -- who are the #2 oil producer and #1 gas producer in Canada - Ther have been reports of them wanting to divest themselves of the commodity based interests.