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Technology Stocks : Energy Conversion Devices

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To: Krowbar who wrote (3767)	6/23/1999 9:15:00 AM
From: Ray	Read Replies (2) of 8393

The July issue of Scientific American carries a full page 87 ad by ECD. The ad features both NiMH batteries and Metal Hydride storage devices. On the bad news side, the July issue of Popular Science reports (page 45) that the switch to NiMH for power tools has been temporarily halted in the U.S.: "Only Makita and Bosch are selling NiMH batteries in the United States." And, "What's holding up the parade? Price. Manufacturers believe that U.S. buyers, unlike their European and Japanese counterparts, won't pay extra for the new technology." Never underestimate the power of ignorance.

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