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

To: alfranco who wrote (6928)	10/7/2002 9:54:38 PM
From: jacq	Read Replies (1) \| Respond to of 8393

I was referring to your post 2903 in which you said that you e-mailed the author who confirmed to you that the 90 employees were for three shifts around the clock production. I was mistaken when I typed in 60 employees. When we toured the building it did not look like there were more than about 30 actual production employees. There were many engineers and ECD employees and others from Bekaert. In this situation fixed costs would remain the same, but office staff would be proportionally higher. If there is only one shift then we can expect only 10 Megawatts or less production until sales ramp up. The machinery in the plant was far more automated than that of the 5 (or less) megawatt plant. I can not but imagine that labor costs are significantly lower. The high depreciation costs make it imperative to increase marketing and sales such that the full capacity is utilized.