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Technology Stocks : Energy Conversion Devices

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To: fred whitridge who wrote (3072)	1/26/1999 3:31:00 PM
From: fred whitridge	Read Replies (2) of 8393

Bros. Stavy questioned my mention of an IPO of Ovonic (or USSC)in my previous post. This is not a company sanctioned thought but is one which I and several others have been using to beat the company over the head. Assuming each division is worth $150mm to $200mm (certainly the comps in Ovonic support this and probably the market position of USSC supports this) then sale of a 10-20% stake and retention of proceeds in the relevant division would make them self financing, allow them to build a 25MW machine, etc, etc. Sorry if my post left the impression this was in the works. Would that is was....

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