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Technology Stocks : Energy Conversion Devices
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To: Allen Bucholski who wrote (7644)4/18/2004 12:50:17 PM
From: jacq  Read Replies (1) of 8393
 
Al, Fidelity is one of the best outfits in the world to have on your side or recommending the stock to viewers on Wall Street Week with Louis Rukeyser. They appear to only have a 5% holding now with the right to purchase a further 5% with the exercise of warrants at exercise prices of about $15.00 per share. These warrants would give them the ability to sell covered calls on the stock thereby reducing the risk of owning the stock. I don't know if they are doing this but I think that I would in the same circumstances. Thanks again for pointing Fidelity's holdings out.

I have been thinking though that if they ever do get produce solar panels at a $1.00 per watt they will have a huge tiger by the tail.
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