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October 28, 2004 Stock Pick: Whistler Investments, Inc. (WHIS)

Stock Price: $2.85

We most recently released WHIS as a stock pick on August 27th as a at $2.20. Within seven days WHIS ran to $3.60 for a 60%+ gain. A channel has been building between $2.60 and $3.25. WHIS is bouncing off its support for the third straight time.

Whistler Investments, Inc. currently holds subsidiaries, R-Electric Car Company, Global Electric Corporation, and Solium Power Corp all of which are emerging leaders in the development and marketing of lithium ion vehicles and lithium ion powered products worldwide. R-Electric Car Company has proven that lithium ion batteries can power a car in excess of 200 miles and allow for acceleration speeds exceeding 90 MPH without the use gas. Whistler as a whole has also applied lithium ion batteries to ATVs, motorcycles, motorbikes, and Powerski’s Jetboard.

The company announced yesterday that it will complete a 3 for 1 forward split on November 19th. WHIS split 3 for 1 in March and ran up huge before and after the split date.

Management is still investigating an open 640,000 share short position in WHIS. Expect WHIS to benefit from this position being covered down the road.

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