Energy Conversion Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Energy Conversion Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam Citron who wrote (7789)	8/20/2004 1:56:28 PM
From: jacq	of 8393

Sam your question is a good one beings as ECD has never produced a profit on an ongoing basis. 1996 being the last year for a profit on a windfall from litigation. It would take a very small chunk of the memory market for ECD begin making enormous profits. Tyler Lowery seems to be an excellent leader in that enterprise. You will notice how smart he is by how large a stake in Ovonyx he holds. Does he deserve it? Well he certainly has taken this division from out of the wilderness to what is beginning to look like main stream. He seems to be able to focus his talents and energies to getting the job done. BAE will begin selling rad hard memories this year. It has been mentioned that there is a sale of $25,000,000 when these units are ready to ship. That may seem pretty small that is only the very first step of a very long journey. "to infinity and beyond" - sorry I couldn't help myself - I own shares in Pixar too. Because of the huge costs to ship lead containers into outer space. PRAM will be the memory of choice in satellites for the near future. I believe that margins on this product will be substantial somewhere around 80%. I believe that this division will have the fastest payback. I also believe that flash memory will produce abundant sales in 3-4 years time if not sooner. With the price of crude hovering near $50 both the battery business and the solar business should be selling very well. Projections have always been that ECD can supply solar for $1.00 per watt once the factory is ramped to full production. I believe that fossil fuel electricity costs about $.60 per watt installed. (I.E. build the factory, build the grid) Solar is more reliable and cleaner and performs best on those hot muggy days. As soon as the 30 Meg plant is at full capacity ( my best guess is June 2005 ) the nest plant will be 100 Meg. With one plant running and presumably profitable it should not be terribly difficult to get project specific funding, if not from a bank than from perhaps Texaco-Chevron. I have always believed that the solar company should be set up as a separate entity, people would understand what they are buying. A pure play solar underwriting would be a snap in the present economic environment. It has been noted that Toyota is intending to produce 300,000 hybrid cars in the near future. Cobaysis has two plants in Kettering and one in Michigan. They are talking as if they have some intentions of selling their batteries to a tier 1 automotive company. Last but not least there is G.E. with their DVD-RW disc making desires.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next