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Re: marthambles post# 258

Friday, 04/01/2011 6:36:15 PM

Friday, April 01, 2011 6:36:15 PM

Post# of 405
Thanks for the post Marthambles...

I had heard that Merrill Lynch had come out with a report, but I had not actually seen specific comments.

I tend to agree with ML’s statement that FSYS will not be a big beneficiary of the Nat Gas Act, at least to the extent of WRPT or CLNE.... at least in the near term... However, in the long term (3-5 yrs) FSYS may benefit greatly... i.e. if CNG or LPG gaseous fuel stations become generally available many more people in the US will likely purchase a CNG/LPG passenger car which is FSYS’ forte....

I’m not worried about the so called earnings estimates risk... earnings estimates at CLNE and WRPT are just as risky.... The valuation is expensive, but again, the valuation of CLNE and WRPT are worse.

I also agree with ML that Landi Renzo is a respectable competitor... Its relationship with Fiat is hard to beat... But it is not a good stock for a US investor (in my opinion).... Pink Sheet companies such as LDRZF do not have the reporting requirements, etc. that FSYS must adhere to... I cannot find anything about LDRZF on the SEC site (although that might reflect my ignorance)... and, when I look at their webpage, the most recent annual report that I see is a year old (see: http://www.landi.it/eng/# ).