jscilla

Li-ion Battery Manufacturers: The Bleeding Edge of Energy Storage Technology

OK, your points are well taken; I appreciate your response and it
is true that you stimulated me to do a little more thinking and reading although I could not even begin to do the research you have
done on this subject.


On Mar 23 02:32 PM John Petersen wrote:

> jscilla, I'm not on anybody's required reading list and I've always
> been open about my background, my economic interests and the independent
> sources that form the basis for my opinions.
>
> I'm heavily invested in Axion, but would not want anybody to follow
> my example without first doing their own detailed investigation.
>
>
> I speak very harshly about Li-ion manufacturers who spend like drunken
> sailors while losing money. I have nothing but praise for companies
> like ABAT that control spending at every level and focus on delivering
> good products for appropriate applications.
>
> People are never happy with people who criticize stocks they own
> or industries they like. It's just one step removed from calling
> their children ugly. But the national debate over energy and economic
> policy is far more important than either your feelings or mine and
> regardless of whether you like my conclusions, the fact is my writing
> stimulates debate among some very intelligent people.

Li-ion Battery Manufacturers: The Bleeding Edge of Energy Storage Technology

You mentioned that ABAT had good numbers, but the point is that
ABAT is Li ion manufacturer and the article downgrades Li ion
manufacturers. Is there anyone else out there who expends so
much time and effort to degrade one industry? You over do it.
Gee, I don't suppose it has anything to do with your large stake
in axpw.ob. You weren't compensated for your work on axion with
their stock, were you? It is difficult for me to believe you are not biased in your analysis.

You can speculate on Pb C, a money losing business and I'll speculate on Li ion which in ABAT's case is doing quite well.
I'm also willing to believe in the combined wisdom of all the
car manufactures who are putting their faith in Li ion. I sense
there may easily be large profits for Li ion in supplying the hev,
phev and ev markets before and if factors of Li price and supply
have an effect.





22 09:55 AM John Petersen wrote:

> jscilla, going to the comment section of an article without reading
> it first is never a good idea. Today I had nothing but praise for
> ABAT and identified it as the only Li-ion company worth owning. But
> you were so interested in posting a rant that you didn't bother to
> read prior to condemnation.
>
> John Cordes, I've always been impressed by ABAT's plans for electric
> bikes and scooters like the Veken. My issues come when people want
> to use exotic battery chemistries to power 3,000 pounds of steel
> at freeway speeds.
>
> Matt, SAFT is a great company, but fundamental economics in Europe
> where gas prices are 2x to 3x your prices in the States make for
> a different business dynamic. I avoid talking about them because
> information is a bit more complicated to obtain and the currency
> translations can also be problematic. But any company that can partner
> with JCI for Mercedes Benz and ABB for utility applications is doing
> a lot of things right.

Li-ion Battery Manufacturers: The Bleeding Edge of Energy Storage Technology

Damn, you are one tedious person. You call yourself an optimist, but
bash the future of LI ion, while supporting the old technology of
Pb acid. You caution people about investing in 'bleeding edge'
companies, yet you have a large holding in Axion, a money
losing company.

As an investor in ABAT I am tired of seeing articles about ABAT listed on Yahoo from Seeking Alpha, because I know that it is just another article by you.

Spare the world of your weekly rants. They don't help me or
anybody.

Nine Energy Storage Stocks for the Recession

It seems as though you are committed to promoting lead acid batteries,
while minimizing Lithium ion batteries. With the entire auto world
looking at hybrids and plug in electric cars, you are going against the flow. Lithium ion can also be used in backup systems and in conjunction with
solar power. I am not sure about the timing on Li stocks, but that's where I am going. Time will tell which stocks do better.