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Technology Stocks : Energy Conversion Devices
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To: Futurist who wrote (2319)9/18/1998 4:09:00 PM
From: WALT REISCH  Read Replies (1) of 8393
 
I would agree that ECD's numbers are probably going to be lousy, but hopefully not as bad as in the past. We shouldn't have the high attorney fees as in the past and I'm also hoping that we will see some money (back royalties), from the sale of batteries in Japan, in the up coming year-end statement. We'll probably have to wait another week or ten days before we see the 10K.

To touch on what Joe asked, I would have to say no. But then again, I would also have to say that I personally, could not have predicted what we are seeing happen currently around the world (Russia, Japan and Latin America). Maybe all of this has caused mutual funds to sell - coupled with emotional selling by individual investors.

I would like to think that when ECD takes off, it will be like Iomega. Roughly a $1500 investment made 1.?? Million, within a couple of years. And, I would venture to guess that most of us have more than $1500 invested - not based on current prices.
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