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

To: Extra Pale who wrote (7378)	10/20/2003 10:27:35 AM
From: jacq	Read Replies (1) \| Respond to of 8393

Thanks for the temporary Quote. In fairness to ECD they have said in the past that the solar plant would not be producing a profit before sales were in the 25 megawatt range. Which they predicted would be in late 2004. You would think that they would be cash flow positive long before that. Why haven't they spun this company off as a separate entity by now? They could have done given a stock dividend to the shareholders and did an IPO to raise working capital?

To: Extra Pale who wrote (7378)	10/29/2003 5:56:57 PM
From: Allen Bucholski	Read Replies (1) \| Respond to of 8393

Extra Pale, I just reread your post I want to say I agree with almost all points that you made. The positive news about Intel is that they signed the February 5,2003 agreement" Expands and Extend Microelectronics relationship" with Ovonyx. ( Only major points discussed in ECD's news release. No Financial money's explained about agreement. (My opinion is that Intel wants to come out with a first OUM chip with two or three bits per cell where OUM has a chance of competing with current flash chips on costs. Can it be done? We will have to wait a find out.) I want other people to invest in this stock or not for their own reasons not mine. I have had a friend in the past invest and 10 years later sell with not much to show for it. I have enough pressure worrying about myself and I don't want to feel responsible for other people's investments. I did one thing that I regret. I didn't follow your advice and good sense and committed to much on one stock at the beginning. Long and still waiting for this company to turn around. Allen