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Technology Stocks : Energy Conversion Devices
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To: Allen Bucholski who wrote (7692)5/17/2004 2:27:23 PM
From: Krowbar  Read Replies (2) of 8393
 
Allen, I guess that we can consider that good news. We must be negotiating a new contract with Matushita. They wouldn't be doing that if they won. We should finally start receiving royalties on hybrid cars using NiMH batteries. I don't like waiting 2 more months, but any negotiations must be thorough, as they will apply to a huge new auto market that is rapidly expanding.

It is reported that there are already 30,000 people wanting to buy the Ford hybrid Escape, and they haven't even seen it yet. They were planning on only building 20,000.

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