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Technology Stocks : Energy Conversion Devices
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To: Krowbar who wrote (7700)5/19/2004 6:38:23 PM
From: Michael Latas  Read Replies (1) of 8393
 
Del, you got the same evasive response to your question as I received to mine. For those of you not on the conference call, my question was: Back about ten years ago a statement
had been made on more than one occasion that when we reached
production of 100MW our solar energy costs would be competitive with fossil fuel. That was considered the holy grail. Since then, (fuel costs have gone up) we are now on our eight generation 30MW production line, which has improved considerably since then. Where do we now stand on this issue?

Without receiving a direct answer it is safe to conclude that we are continuing to reduce costs. Everyone knows that
as production goes up in any field costs come down and we have a lot of great potential to reduce costs.

Regards.
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