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Technology Stocks : Energy Conversion Devices

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To: quidditch who wrote (7796)8/20/2004 12:44:59 PM
From: Tom Hoff  Read Replies (1) of 8393
 
Nice find! The current consensis at the Ovonic battery company is there will be no more Ovonic battery company. Everyone there has been told to get their resume together. OBC is currently selling it's positive powder to three Japanese companies and Cobasys is buying theirs from a Japanese Co. In other words Cobasys does not want OBC to exist. They would like to absorb what they want and let the rest disappear. In the last layoffs Stan got his way and reduced the layoffs from 20% to 10%. It looks to me now that Stan is loosing the grip of his control, and there are greater powers dictating the future direction of this company. Lets hope they succeed.
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