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

To: Mr. Sunshine who wrote (7429)	12/2/2003 12:07:09 PM
From: Krowbar	Read Replies (1) \| Respond to of 8393

Ovshinsky discusses a nanostructure thin-film electrical device which would enable computers to go beyond conventional artificial intelligence Rochester Hills, Mich., December 2, 2003 — Energy Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) announced today that Stanford R. Ovshinsky, its president and chief executive officer, was the lead speaker on phase-change memory at the Materials Research Society (MRS) in Boston. Phase-change memory, originated by Ovshinsky, is a rapidly growing field. He also gave a tutorial on phase-change data storage. At the meeting, Ovshinsky announced that he and his co-inventor, Dr. Boil Pashmakov, had invented and demonstrated a nanostructure thin-film electrical device which accomplishes not only the conventional binary functions of today's computers, but is capable of nonbinary storage of information, encryption, higher mathematics, modular arithmetic and neurosynaptic functions emulating cognitive activity which would enable computers to go beyond conventional artificial intelligence. The device, in conjunction with other multi-terminal Ovonic™ threshold and memory devices with the ability to replace conventional transistors, makes possible a new approach to computers through its unique multi-functionality that provides a different paradigm which is not based on the binary — zero and one — principle making up the modern-day computer. Ovshinsky also described the scientific basis, mechanism and technology implications to conventional computers and semiconductors. Since the 1950s, Ovshinsky has pioneered through his inventions and scientific contributions, together with his distinguished collaborators, the field of amorphous and disordered materials which has far-ranging applications from computer-switching devices in the information field, such as the Ovonic™ threshold switch and the optical and electrical phase-change memories, to Ovonic® nickel metal hydride batteries, hydride storage materials, regenerative fuel cell technology and thin-film, multi-junction, continuous web photovoltaics in the field of energy. In connection with his work in energy, Ovshinsky gave a keynote address at the MRS meeting entitled "New Science and Technology, the Basis of the Hydrogen Economy."

To: Mr. Sunshine who wrote (7429)	12/2/2003 12:10:53 PM
From: Krowbar	Respond to of 8393

Steve, I accessed the replay of the cc by going here. firstcallevents.com Del

To: Mr. Sunshine who wrote (7429)	12/2/2003 6:24:13 PM
From: Allen Bucholski	Respond to of 8393

Steve,not having read yahoo post on meeting heres my take. First of all I was pleased that more questions seem to have given a chance to be answered this time. Some expectations of how to become profitable were given. (Cost cutting measures ,lower court fees in future, improved efficiency % on PV production panels, Increased Revues from product sales in future. The possibility of a projection of profit might be forth coming in next quarter. My computer went out it was in repairs for 9 days didn't get a chance to response to Wileys post. I was going to post a few comments on Forbes article. I like to think of it as a hatchet job ,my opinion. This isn't the first mud throwing that Forbes has done on ECD. Forbes took Stempel quote out of context in the article. I can't prove it but Stempel responed with letter to the editor shows his disapproval. Another point that smells fishy to me is saying Stan said ECD will be profitable in 2005. That's not like Stan to say something like that. I don't notice any quotes on that statement either. I been waiting years for Stan to make a prediction at meetings and he never has. If Stan did say it I belive it was not meant for public these thing have to be talked about at board meetings for instance.The article is a one sided blast it implies that the big companies got taken by ECD for money. What about IBM and Matsushita benefiting from CD technology and ECD getting nothing. The low royalties Matsushita,got ECD into signing its agreement by promising to make it a world standard which it as become.ECD was strapped for money or to put it another way taken to cleaners by a Big company . The benefits Cannon got from its machine that made its coppery drums. Cannons solar company that now competes with ECD. The low royalties that all the consumer battery companies pay 1/2 % on manufacturing cost. (any way pennies on dollar) This is from the top of my head without looking into it. Somebody didn't give a fair and balanced view in the Forbes article ECD has been taken advantage of by other companies it goes both ways. The article did not show this.I would like to read Stempel letter to editor if they ever print it. It looks like Forbes only holds money in high esteem. Value is not in bottom line and it looks like Forbes can't see it. Allen