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To: Selvin Sonken who wrote (1649)6/24/2001 8:27:23 PM
From: N. Dixon  Respond to of 50079
 
Selvin,

I continue to believe, however, that the critical test will come when the products are available and selling on the open market and the royalties start to roll in. That will be the moment of truth!! ...and profits...and increased stock prices will then come with it.

I think the critical test you describe HAS occurred over the last 3 years. While we have been in the dark regarding what the end-customers have thought of SPD prototypes and product samples, our licensee have not. I think we have strong affirmation of these products with the expansion of SPD INC. and the fact that GE is now active again. My take on the conference/annual meeting message was that this is the year YOU and I will see the broad acceptance of SPD in several industries. I think that acceptance has worked on since Hankuk announced their intent to commercialize.

Stay tuned.

ND