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

To: Michel Houle who wrote (2134)	6/1/1999 12:40:00 PM
From: Stephen O	Read Replies (1) \| Respond to of 6016

At $1 it was a screaming bargain, worth $2 for its basic business for the past year. Add another $1 a share for the army heaters going forward and another $1 for the TEG new business, that totals $4 a share. So the SOFCs are currently ($9.25) being valued at $5.25 a share or a market cap of $115 million. This is peanuts for the potential of SOFCs if Ballard is valued at $4.5 billion market cap. I just want to see a GLE fuel cell stack consistently generating 2KW from natural gas and the stock is over $20.