Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Latas who wrote (4132)	10/24/1999 10:41:00 PM
From: Michael Latas	Read Replies (6) \| Respond to of 8393

Following are some of the possibilities that I feel may be included in our first new quarterly newsletter. Stempel made the following statements to the New York Society of Security Analysts this past July: "ECD is working on preliminary commercialization programs with: -major oil companies -several automotive OEM's -a power utility company -an electrical equipment mfg'r He also stated that we would "Increase United Solar production capacity by 25MW/year -25MW plant in initial planning phase (Troy,MI) -Additional joint venture partner will provide funding." Furthermore, "*Discussions underway on high volume plant-100MW/year -Longer term -Make PV cost competitive with coal, gas, and oil in the production of electricity." No reference has ever been made for quite some time as to how the electricity from our solar panels would be stored for night use. One could be led to believe that the electricity would only be used during the day. What else? What do you think? Do you know of anyone that makes a good battery that might fill the bill? Stempels first comment stated "major oil companies". We have one oil company in our fold, Royal Dutch/Shell. Who will be next? Shell has five billion dollars committed towards hydrogen development over the next ten years. That's a half a billion dollars a year (five hundred million dollars). And that's only one major oil company. What about the rest? BP Amoco has become renowned for their green ideology. Might they be next? It's anybody's guess. It is just a matter of a relatively short period of time that the big oil companies are going to have to place their bets and take out some insurance to protect their own self-interests. If they don't step in to supply the hydrogen with their vast resources someone else will. We have that going for us. Back to solar. I personally believe that Stempels reference to our discussions "with a major utility company", is going to be our joint venture partner who will provide the funding for our new 25MW solar plant. This makes sense to me. Can you think of a better type of partner? The coal, oil and nuclear days are numbered, when providing electricity in the future. And, the utility industry has been de-regulated, bringing about some major changes affecting all of them. Might there be some mention to the somewhat closely guarded industry secret of our involvement in the future of SLI batteries? Unless there is a muzzle effect in order. Yet, Bob Stempel did mention "Vehicle SLI Batteries" under his Automotive Transmission discussion during his speech. However, this may come a little later. Either way, we're in on it. Has anybody figured out what the "several automotive OEM's" might be referring to? Could this be in reference to the use of hydrogen in ICE vehicles, that would require adaptations from gasoline? SLI batteries, or mfgr's of wiring harnesses tied in with our batteries? Anything else? What about the reference to "an electric equipment manufacturer"? What is that all about? Would this have to do with the various controls to regulate the flow of electricity in the new light-weight wiring harnesses for the 42V electrical systems? I saw reference to the current automobile having from 10-15 electric motors and that within 10 years that number would escalate to 80-100. A lot of other big time major changes will be forthcoming that require more electricity other than motors. For the record, these just happen to be my own personal opinions, nothing more. I hope some of you voice your opinions as well in advance of the new quarterly newsletter. It should be interesting. Also, in my opinion, our stock certainly represents a good bargain at the current depressed prices, as I had projected a couple of months ago. Needless to say, all of these possibilities may take over the next year or more. But, I still believe over the short term, rather than the long term. After all, "our time has come". Comments? Regards.