Del,
The numbers and timing of the Rare Earth Ovonic buildout are what drew me to suggest them, this then combined with our statement that we are indeed building machines for them. Like you I looked twice at the denomination in Yen, but in one of ECD's amended filings, ECD also mentioned receiving royalties denominated in Yen in certain instances. All in all, short of a nice chat with Ms. Bacon it is my best guess.
As for price, I have a different premonition...
a shift to profitability, PR with greater depth, wider analyst coverage, GE giving us a green light on Phase III shortly(?within 3 months), battery contracts for 2003 year models, ORFC development timeline is by March but we may get a peek late this year?, and on the PV buildout they said today early 2002 (as opposed to mid 2002
which I had heard due to building permit problems).
Meanwhile, the cash register is starting to ring.
Al |
