Originally published November 5 2003
Short term view causes investors to overlook ripe opportunities in fuel cell technology
by Mike Adams, the Health Ranger, NaturalNews Editor
The stocks of fuel cell companies are taking a beating right now. Not because fuel cell technology isn't viable, but because few investors have the patience to wait for a long-term payoff.
Make no mistake, however: fuel cells are going to be big. Very big. Bigger than computers. Bigger than Microsoft. In a decade, there will be more than one hundred million fuel cells operating in the United States, I predict.
At that time, of course, people will thwap their heads and wonder why they didn't invest when it was just getting off the ground.
Hydrogen fuel-cell companies, which develop technologies that are
expected to power future generations of cars, face an exhausting journey
to profit, a recent study found.
The industry is expected to see surging demand for fuel-cell power
sources in coming years -- first in electronic gadgets like cell phones
and laptops, and eventually in everything from cars to municipal power
grids.
"It's going to start out like computers did in 1975, or even 1955,"
said Robert J. Wilder, president and founder of the Hydrogen Fuel Cell
Institute, which tracks the WilderHill Fuel Cell Index of stocks.
He characterized the stocks' retreat as typical of investors' weak
appetite for early-stage development.
All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml