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Tuesday, March 22, 2011 5:26:19 PM
Chilar, as you say, it may happen that events outside the US force conversion of the trucking industry to NG (or liquid propane)... But, if so, I would expect the stock prices of WPRT or CLNE to be more directly affected than those of FSYS.
With respect to the US market, FSYS seems to be focusing upon fleet vehicles consisting of vans rather than the Class 8 trucks used by the trucking industry.... Indeed, they tout the GM van program as “the flagship or the big milestone program” that they’re working on in the US market.
FSYS does, however, view the heavy-duty truck and bus market as a significant revenue opportunity in Asia (per statements in their 2011-03-03 CC).
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