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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hoff who wrote (3835)	7/31/1999 4:29:00 PM
From: Michael Latas	Read Replies (1) \| Respond to of 8393

Tom, regarding your comment,"That takes care of the first item on the handout in the hydrogen section of the analysts meeting, maybe the others will follow soon." The first item on my list stated major oil companies and not major oil company, which led me to conclude exactly what it stated, that other oil companies would follow. Royal Dutch Shell is the largest oil company in the world and they were the first to sign up with ECD. Wouldn't it be nice to see BP/Amoco, Mobil oil and the rest to follow the leader? Would anyone else care to speculate on the other three items on the list: -several automotive OEMs -a power utility company -an electric equipment manufacturer Regards.

To: Tom Hoff who wrote (3835)	8/1/1999 9:56:00 PM
From: Michael Latas	Read Replies (1) \| Respond to of 8393

Correction. I just found out that Royal Dutch/Shell Group (Brit/Neth.)slipped from first place last year to second place in the world. Exxon (US)is now in first place with 100 billion in revenues. Royal Dutch/Shell had revenues of 93.6 billion. To give you a better perspective as to the size of the oil industry following is a list by size of some of the largest: 3. BP/Amoco Britain 68 bil. 4. Mobil US 47 bil. 5. ELF Aquitaine France 35 bil. 6. Sinopec China 34 bil. 7. ENI Italy 32 bil. 8. Texaco US 31 bil. 9. SK S. Korea 28 bil. 10.Total Fina France 27 Bil. The list of companies that made the Fortune 500 list totaled 27 with revenues for 1998 of 748 bil. There are literally hundreds more that would have to be added to this list. There were 24 motor vehicles and parts mfgr's that made the list for total revenues of one trillion, one hundred and nine billion dollars. (Spelling these numbers out sounds much bigger.) Missing from this list are a whole lot more vehicle and parts mfgr's amounting to considerable more revenue. Industry ranking of the worlds largest Fortune 500 companies places banking/commercial and savings in first place with revenues of 1,291,120(millions). Next comes motor vehicles and parts, trading with 848 bil., electronics/electrical equip. with 778 bil, oil refining at 748 bil. in fifth place. It doesn't get any bigger than this and ECD is directly involved in bringing about major changes in three of them. We're also involved with utilities, gas and electric with revenues of 337 bil. Please understand these figures are the totals of only the worlds largest Fortune 500 companies. The actual revenues of all companies in these industries is considerably larger. They also list energy separately at 109 bil. Needless to say we have very large target industries to form alliances with. Who will be the next oil company to sign up with ECD for our solid state hydrogen fuel technology? And who else will follow, and when? Things could potentially be very interesting. We shall see soon enough. Perhaps before year-end hopefully. Regards.