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Technology Stocks : Energy Conversion Devices

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To: Tom Hoff who wrote (3558)4/16/1999 11:21:00 AM
From: Don Devlin  Read Replies (1) of 8393
 
Razor blades not the razors!

Please notice the date on the following correspondence between Steve Hudgins and me.
(Tom it has taken a long time but it's real, now.)

X-POP3-Rcpt: ddevlin@ringo
From: OVONIC@aol.com
Date: Wed, 18 Oct 1995 14:35:20 -0400
To: ddevlin@loop.com
Subject: Phase Change

Don, I really appreciate your continuing interest in our company and its
technology so you should never fear that your questions "interfere with
work." In fact, we greatly benefit from the information you send us by
e-mail.

Regarding your question, ECD receives royalties on media only since our
patents are directed to the basic materials and device designs. We are very
pleased with this arrangement focussing on the "razor blades" and not the
"razors." Best regards, Steve Hudgens
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