Lets have some action on this thread!
Claude,
I am glad you started this thread. There is quite a bit of action going on at the Yahoo thread, but the quality of the posts there is not very high. I hope we can get more SI type investors to join here. I have posted an e-mail I received from Jill Twersky in response to some questions I had. You may be interested so I copy it below:
_________________________________________________________________
Gideon Amir wrote:
>>
>> Sir/Mdm,
>>
>> I am a private investor in EFCX and have been watching with apprehension
>> the latest erosion in the stock price. Since I also participate on the
>> EFCX Investor's message board, I would like to receive your comments on the
>> stock performance and in particular the answers to the following questions:
>>
>> 1. What is the reason for the extension of the Bundepost tests? As they
>> were expected to conclude by Dec. 97, the impression we get is that the
>> tests were not going too well.
>>
>> 2. Is the recent flurry of re-organizations in any way affecting the
>> previous focus of the company on the EV market? Is the company getting
>> bearish on the prospects of the EV market?
>>
>> We'll appreciate your response to these questions.
>>
>> Best regards,
>>
>> Gideon Amir
>> ********************************************************I apologize for
the delay in responding to your email. The following is
>the response to your concern (as well as many other people) regarding
>the recent drop in Electric Fuel's stock price.
>
>While we are not able to peer into the mind of the market we believe we
>have some thoughts which in part could explain the decline.
>the extension of the field test by the Detusche post from Dec. 1997 nto
>June 1998 may be a contibutory factor to the stock price decline. There
>have been expectations of a favorable decision by year end 1997 which is
>now pushed off until no earlier than June.
>Additionally the announcements from Japan of the introduciton of certain
>hybrid electric vehicles may have also contributed to the decline in the
>stock price. The hybrid does not answer the call for zero-emission.
>Nevertheless, it may cause a delay in the utlimate demand for truly
>clean vehicles.
>Still, we remain upbeat and optimistic about our future. Our zinc-air
>batttery technology for EVs is clearly the best in the world for fleet
>applications. It is only a matter of time bgefore governments recognize
>the tremendous cost (economic and social) of pollution and force fleets
>to come clean. Second, by applying our technology to portable power
>applications, starting with cell phones, we expect to substantial
>revenue growth in the near term.
>Our primary zinc-air cell phone battery will give 3 to 4 times more
>standby and talk time than the best lithium ion batteries currently int
>he market. With the explosive growth in cell phone usage, a small share
>of the market for batteries to this applicaiton should generate
>substantial revenues and profits for Electric Fuel.
>We hope this answers any questions you may have. Again, thank you for
>your interest and support of Electric Fuel.
>Yours sincerely,
>Jill Twersky
>manager, marketing services |
