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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (39068)7/16/2001 12:37:43 PM
From: piscatologist  Read Replies (2) | Respond to of 65232
 
<So why hasn’t Energy Conversion Devices shot straight to the moon yet? Because by emphasizing R&D over profits, ENER has consistently lost money in the past.>

that's the same story as when i owned and traded ENER in the mid 80's to early 90's. i made more money trading a range than the shares I just held. i have always been impressed with Stanford Ovshinsky, but he reminded me more of a mad scientist than a guy who could take ENER it to the moon.
i hope i'm wrong and it turns in to a 10 bagger for you.
jmho



To: Jim Willie CB who wrote (39068)7/18/2001 8:41:04 AM
From: Oak Tree  Read Replies (1) | Respond to of 65232
 
I guess I have to agree those are great sounding patents. How much of your portfolio is in ENER? I'm thinking of about 2% to 3% myself.

It is worth commenting however that the president and vice president (who are all in the family both sold 90,000 shares each in March for 2.5 Million. They weren't unfortunately buying more shares.

But their financials should get good this year. First quarter sales look superb.


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