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Technology Stocks : Energy Conversion Devices

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To: quidditch who wrote (7336)9/27/2003 11:04:05 AM
From: Michael Latas  Read Replies (1) of 8393
 
I go back even further than you and can attest to everything you said. Del, you have been a very loyal supporter of ECD over the years as well. And yet, with all of our disappointments we continue to hope for a long overdue break.

I personally refer to each ECD technology as a separate horse in our growing stable of horses. The battery applications can be broken into additional pieces if you wish. The unanswered question remains the same, which horse
will start producing some winnings to feed the other horses. I don't have the answer to that question. It is a
matter of speculation. In the meantime, our frustration continues on with each additional new technology. There is no question regarding ECD's ability to develop new "breakthrough" technologies. Unfortunately, we appear to be stuck in the mud when it comes to actually producing
a commercially successful product that has yet to produce a
profitable revenue stream since 1960. This has to be a record; very little revenue, no profits, tons of money invested by huge corporations and investors, yet in spite of it all, they still remain in business, with more tempting
new technologies developing rather routinely.

On another note, CNBC NSM.com has raised their Stock Scouter rating on ENER from a 5 out of a possible ten this
past summer to a 9 about a month ago, to a 10 this week. They apparently see something I haven't been able to track
down from a fundamental standpoint. We need some growing revenue and profits in order to gain some following by
analysts that it takes to really drive up our stock.

Regards.
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