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Technology Stocks : Energy Conversion Devices

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To: alfranco who wrote (6923)10/9/2002 6:56:31 PM
From: quidditch  Read Replies (1) of 8393
 
Thanks Al. As to the cc, an utter disaster, as witnessed by the heavy and punishing selling since the call. This sums up the response:

<David Holme: I continue to be very impressed with your technical progress but what’s in it for the stockholders? You have to have a lot of patience and all this. Should the board consider say a 2 to 5% stock dividend for a period of time to reward those of us who are continuing to invest in yours or should investors wait until these hit the bottom line before we invest in the company?

Stempel: Well I’ll take that as a suggestion and we’ll consider that but as you know ECD has not paid a dividend. We are now moving from a lot of years of work developing the technology to the commercialization phase and obviously Stan and I and the team feel that that’s really what’s going to be helping the stock.>

Stan has been saying that for 15 years, walking in place. We deserve what we get. Did someone on the board say earlier this year that we've left the teens behind, for good. And I don't think he meant left the teens above the current price.
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