To: MulhollandDrive who wrote (1614 ) 3/17/2000 12:35:00 PM From: que seria Respond to of 1817
OLED pebble rolled in with the tide this morning: EMA. I'd love to see a better informed take on this than I can give, having very little tech knowledge myself, and too little time to stay abreast of tech news and company reports. For the DD of anyone who cares to check out eMagin (EMA on the Amex), you can look at: its website:fedcorporation.com its news release: biz.yahoo.com An article I couldn't get a URL for: FED Corp. changes name to eMagin to reflect organic LED focus By Jack Robertson Electronic Buyers' News (01/31/00, 01:15:05 PM EST) Flat-panel-display maker FED Corp. today changed its name to eMagin Corp. Susan Jones, executive vice president of the company, based in Hopewell Junction, N.Y., said the name is pronounced "imagine" and is intended to represent a new focus on organic LED (OLED) flat-panel technology. Under the eMagin name, the company will produce OLED-on-silicon microdisplays for camera viewfinders, cell phones, Internet handset devices, GPS map viewers, and display headsets for electronic games, portable DVD players, and wearable computers. The company licensed the OLED technology from Eastman Kodak Co., and claims to be the first U.S. designer to demonstrate a 300,000-pixel display. The OLED product line will be shown at this week's DisplayWorks and Dappcon 2000 show in San Jose. I'm in this A.M. on a broker's recommendation, and my own meager DD. I understand the company's fab is at an IBM facility in New York. I understand but don't see written confirmation that Kodak and IBM are private placement investors, pre-opening. The SEC shows the usual boatload of authorized stock options; I comfort myself that talent is expensive! eMagin's publicly traded status is via a reverse takeover of a public shell--Fashion Dynamics (FTSD). Sounds as though their OLEDs (fab later this year) would make the company more a potential user of SiC than necessarily a rival to CREE. Which if true is good, since unclewest just about has must convinced to pay up for CREE as a potential gorilla.