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Technology Stocks : Energy Conversion Devices

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To: WALT REISCH who wrote (2565)	11/4/1998 10:04:00 AM
From: E Haiken	Read Replies (1) of 8393

It would seem to me that the quarter in which the $8,000,000 is booked for the sale of Ovonic stock & the license to Sanyo, will be profitable. If this was a trend I think it would have an extremely positive effect, but if it is just an isolated profitable quarter, to be followed by future loss quarters, it will have a less dramatic effect. However, if more licenses are sold & there is positive news re DVD, photovoltaics, etc, etc, this could be a defining moment. I wouldn't recommend being short on this stock!!

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