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Technology Stocks : Energy Conversion Devices

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To: Allen Bucholski who wrote (8203)	9/19/2006 11:13:29 PM
From: jacq	of 8393

I bought a few shares of INCO just because I wanted to track how much nickel mat the comapny was producing for NiMH batteries. Inco mentioned producing some in Ireland I believe. They did talk somewhat about the battery business a while back. I haven't heard much recently. I am a big shareholder in Nordex Explosives (NXX:TSX)near the 20% level. For a while they were our biggest customer with our sales to them being 68%. Since then we have added several other accounts. By and large they have been a top notch company to deal with. They helped us get the Cone Pak sales up and running. Nickel demand from China has been the biggest driver, construction projects such as all the heavy equipment in Fort McMurray Alberta have also increased demand. I will have to start looking at a tonnage figure for ECD's new solar lines. I would imagine that we will soon begin producing on sub 5 mil sheeting once we get to a certain size level. I would also think that cost is putting a squeeze on profit margins for NiMH batteries, because the battery price keeps dropping

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