Forum Archive Index - July 2000

[kevin.young@gfmb.co.nz]

As most of you have heard, Capstone which makes microturbines to recharge
batteries in hybrid electric vehicles HEV almost tripled in value on its first
day of trading last week. It went from an IPO price of US$16 to US$48 in its
first day.

You could almost drawn the same similarity with Capstone IPO with Pacific
Lithium Ltd (PLL) which is still on schedule for early October 2000.

PLL will be making a new generation lithium battery for HEV. The IPO listing
price is expected to be around $US12.

PLL will be listing on the Nasdaq which has a minimum listing value of US$5. PLL
is currently trading at NZD$10.

If PLL do half as well as Capstone, PLL shareholders should be happy.

Fingers crossed.

Kevin

(You know l'm a PLL shareholder)


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