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Technology Stocks : Energy Conversion Devices

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To: Gary Walker who wrote (8294)6/17/2008 10:39:50 AM
From: jacq   of 8393
 
Of course showing a profit for the first time in years + mentioning that they have sold all of this years production and 90% of next years + they have financing to ramp up production to 1 gigawatt or 8 times my estimate of present production doesn't hurt the price either. In other words they will be making 8 times the revenue and probably 12 times the profit.

Long ago it was the dream of this company to compete with coal as to the price to produce a watt of electricity. To me this is the "holy grail " of electricity generation. It won't stop coal production, but even coal has a higher purpose than to just produce electricity.

Jacq
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