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Technology Stocks : Energy Conversion Devices
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To: Allan Harris who wrote (5425)10/16/2000 8:51:48 PM
From: jayreynolds  Read Replies (2) of 8393
 
Dear Allan,

You wrote: >Is the ENER advantage so obscure that it cannot be explained in a few plain sentences?

You are clearly not an idiot. Here is my most succinct paraph.

ENER is a 40 year old company with 300 domestic and 800+ corresponding foreign patents in key and controlling areas of intellectual property with respect to energy conversion devices (the generic descriptor)and information storage technologies.

Basically, you have a 40 year old, debt free "startup" with $100 million in the bank and a host of JV partnerss of international stature. If the post-Texaco information re the ORFC is correct, the ORFC is 50% more efficient that a PEM.

That's my two paragraphs.

If you'd like to email me jay@gorge.net I have some other information I could send your way.

Regards,

Jay Reynolds
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