SI
SI
discoversearch

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: Futurist who wrote (4177)11/6/1999 9:44:00 AM
From: fred whitridge  Read Replies (1) | Respond to of 8393
 
Lately I've been quite high on our near term prospects as some of the habitues of this list can attest. The shenanigans of the Ken Baker Meteor streaking accross our sky make me want to throw in the towel.

Here are some helpful scribblings from the last 14A filed with the SEC:

"In January 1999, Mr. Kenneth R. Baker joined ECD as vice chairman and chief
operating officer. Mr. Baker recently left General Motors after a long career,
most recently as vice president and general manager of GM's Distributed Energy
Business Unit. While Ken will be active in all areas of ECD's business, he will
focus initially on photovoltaics and NiMH batteries for stand-alone, distributed
power applications. His experience in this field will be helpful as we continue
to expand our photovoltaic activities."




To: Futurist who wrote (4177)11/6/1999 11:21:00 AM
From: Michael Stavy  Read Replies (1) | Respond to of 8393
 
Futurist:

To learn what % of Ovonyx, ECD owns we can check ECD's Sec fillings.

I would like to know why you believe that "Mr. Baker was driven by money significantly". What is the source of your belief? Is it intuition or have you read and analyzed documents and reports to arrive at your belief?

If it is the later could you kindly identify them for our reading.

If Mr. Baker was motivated by money we can check ECD's Sec filings and compare them with similar filings that the Environmental Research Institute of Michigan has to file.

One intuitive hypothesis for me is that Mr. Baker "does not have the right stuff" to wheel and deal and get the NiMH batteries in EV's within a timely and relevant time frame.

A second intuitive hypothesis for me is that there are institutional constraints at ECD and/or GM Ovonic that preclude Mr. Baker from getting the NiMH batteries in EV's within a timely and relevant time frame.

Thank you for your thoughts.

Michael