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

To: burtcat who wrote (2073)	5/25/1999 11:39:00 PM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 6016

I decided to totally get out of GLE on Friday, long term and short term positions. Here's my thoughts. First of all, I still totally am enthralled with the GLE story. I think it's a great one, and the company has the possibility of an exciting future. The reason I had to get out was that the current share price of GLE really pins its future on the Delphi announcement. The company isn't far enough along on its own to support the price. Here's the scenarios I see: 1) Delphi gives the details of their purchase order, and it's no biggie. Just a nice interest by them for a future possibility. In this scenario, the share price tanks because people were expecting/hoping for much more. My guess would be $2.00 -$3.00 2) Delphi goes big with GLE and something comes together with BMW etc. In this scenario, the share price goes way up. Big money is made by all who are in. Lets say $20.00 For myself, that's just too big a spread (but one that I don't think is beyond possibility). I've been in a few of those "all or nothing" scenarios before. So far I've won on two of them, and lost big on one other. It's just too much of an all or nothing proposition for me, and I don't see any "gradual" response once the news is released. There will be a halt, or the news will come out after market. What you'll get is what you'll get! My very very best wishes to all of you who are in and going for the win. I'll watch eagerly on the side and cheer for you all. For myself, "safer havens" await!! All the best, Kevin