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

To: ddl who wrote (7411)	11/14/2003 11:56:31 AM
From: wily	Respond to of 8393

I believe Bekaert's early projections were something like 20% net per year (i.e., after all expenses and taxes). That was around the time they signed the deal. These are extremely attractive returns, on the order of what Intel gets. Now, no longer having a financial interest in the project, here's what they are saying: "We would have needed huge additional financial resources," says Bekaert spokesperson Françoise Vanthemsche. "We would have had to invest for years and years before we could have hoped for a return, and we can't work like that". (my bold) forbes.com You might want to grab a pillow or two for your wait... wily