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Technology Stocks : Energy Conversion Devices
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To: alfranco who wrote (5988)3/5/2001 12:00:41 PM
From: Tom Hoff  Read Replies (1) of 8393
 
Al, there three manufactures of cd-rw and dvd-ram disks that account for about 90% of total worldwide volumn. They are Ritec, CMC, and Mitsubishi Chem, not one of which is a licensee yet. Based on the volumns and wholesale prices I would quess our royalties to be running from about 3 to 5 million dollars. I am convinced based on signing up Richo that we have a position on these companies because Richo was the original devoloper of cd-rw and these companies have a license with Richo. However they have still not signed a license and I don't understand the delay. I do know that ECD is going after all the back royalties from these companies which would make things harder. ECD let Richo go on back royalties for a payment of 90'000 dollars. If ECD filed a FTC suit this would be taken care of pronto.
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