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

To: Ray who wrote (4207)	11/12/1999 8:01:00 PM
From: fred whitridge	Read Replies (2) \| Respond to of 8393

Ummm, Ray, Manassas is definitely on the block. And yes Futurist tis I who was bemoaning this fact. Since we are a fab buried in a facility, the new buyer could be excellent news or it could be hell. Did we grant LM an exclusive for a period of time? Might a buyer curtail even the operating activities in a fab as "non core"? Did you know that this fab is hardly state of the art and is rumored to be over one micron, or at least 16x the size of state of the art fabs? Yes, its great we are in a fab and can produce samples of whatever size and density. However we have a history of heartbreak with partners in ALL business areas and I fear this may be another in the making. Chicken Little.

To: Ray who wrote (4207)	11/13/1999 1:13:00 PM
From: Michael Stavy	Respond to of 8393

"require little or no capital outlay, just operating costs" What ECD has always needed is be able to pay its operating costs to continue its basic R&D, its manufacturing R&D and its patent protection expenses. ECD has not been able to fund its operating expenses from its own revenue other wise it would not always need to be making joint ventures. I do not know the historical reason the ECD originally sold stock to the public, but I assume that it was to get funds to pay its operating costs until its revenue from manufacturing its patented products started.