Editorials

We're Early This Month: I'm going on a business trip, so finished this issue early. The July issue, on the other hand, may be a few days late, because of the Bahamas trip.

Bahamas '99 Conference: Reminder -- I'll be speaking at the Annual Investors Conference in the Bahamas this month, Sunday through Wednesday, June 13-16 at the Sheraton Grand Resort. I'd like to see you. Call Karen at 800-346-0092. Mention you're a subscriber to Conservative Speculator & you'll be able to have free admission.

WallStreetCorner: Did you see where the name "WallStreet.com" was sold for a fabulous amount of money? That makes Rosanne & I feel we have something valuable in WallStreetCorner.com. Regardless of the value of the URL (the name or Internet address), the number of people visiting WallStreetCorner is exploding. Tell your friends, & if you know of a company that would be benefited by having strong Internet exposure, have them call me at 843-705-5591. If no answer, ask them to call again, because that's my private number, & I'm away at times.

DCH Technology, Inc.

Overview

...used chemicals in the world. Yet the installed base of equipment that measures and handles hydrogen uses very mature technology. Any time you have a decades-old technology gap, especially one that involves a great many industries, there is a substantial opportunity to introduce new emerging technology. That's exactly what we're doing with our hydrogen sensors, fuel cells, & gas safety systems."

He added, "We have promising strategic alliances in the areas of both aerospace & military as well as our base commercial business. For example, we are configuring our sensors to monitor nuclear waste containers. We are also developing small fuel cells for boats, batteries, & other applications."

DCHT has been selected to incorporate its hydrogen sensor technology into a bridge monitoring system to detect corrosion associated with aging bridge structural members.

Hydrogen is a natural byproduct of corrosion associated with iron & steel alloys. DCH hydrogen sensors are fast & chemically selective in detecting very small amounts of hydrogen gas. The DCH new generation sensor technology supports remote monitoring, which opens a host of corrosion detection applications.

Environmental issues of global warming & air pollution are commanding the attention of Washington today. Words like alternative energy & fuel cells are now beltway buzzwords.

The signs are evident: (1) Daimler Chrysler unveiled its first Hydrogen Gas Car 3/17/99; (2) On 1/26/99, the Clinton administration requested $7.6 billion in funding & tax credits for alternative energy technology development; (3) The NY Power Authority dedicated the installation of a fuel cell power plant at the police precinct located in Central Park; & (4) DCHT has an agreement & license with the U.S. Dept. of Energy's Los Alamos National Laboratory to develop the PEM (Proton Exchange Membrane) fuel cell.

Sen. Orrin Hatch just introduced a bill to improve air quality using tax breaks for the use of alternative fuels to power cars. One of the fuels he mentions is hydrogen, used in DCHT's PEM fuel cell. Fuel cell powered transportation creates zero pollution, & hydrogen can be produced from sea water, a resource that will not be depleted like fossil fuels will be. DCHT is well positioned to benefit from this renewed interest.

DCHT recently demon-strated its PEM fuel cell at the National Hydrogen Association's annual meeting. And DCHT's hydrogen sensors are being used by NASA, Westinghouse, Ford, GM, Boeing, Lockheed Martin, Allied Signal, & other multinational companies.

History

DCHT was founded as a partnership 11/94 & incorporated in CO 2/96 to license & commercialize new technology. Working with such prestigious

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