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Technology Stocks : Energy Conversion Devices

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To: alfranco who wrote (8034)10/25/2005 7:23:55 PM
From: Garlic Breath  Read Replies (1) of 8393
 
DJ Energy Conversion Devices Files $300M Mixed Sec Shelf

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Dow Jones Real-Time News for InvestorsSM
4:45 p.m. 10/25/2005



WASHINGTON (Dow Jones)--Energy Conversion Devices Inc. (ENER) on Tuesday registered to sell from time to time up to $300 million in common stock, warrants, subscription rights, debt securities, stock purchase contracts or stock purchase units.

The company intends to use the net proceeds to fund ongoing business operations and for other general corporate purposes, according to a Form S-3 filed Tuesday with the Securities and Exchange Commission.

Energy Conversion Devices, based in Rochester Hills, Mich., develops products in the fields of alternative energy technology and information technology.

Shares of the company closed Tuesday at $33.69 each, down 60 cents. Down to $31.80 in after hours

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