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


To: Allen Bucholski who wrote (8232)11/15/2006 10:15:15 AM
From: Allen Bucholski  Respond to of 8393
 
As shareholders meeting it was informing the shareholders what the company does.Ovshinsy talked about Hydrogen,Metzger ,Guha ,Neslage, and Lowrey all talk about there own topics.

One important point was that the solar machine 3-4 from grand rapids being completed will have used up funds from IP. Money will have to be put up from profits or borrowed from banks. To finnish full expansion.

When solar plant where first built the thinking was of 25 megs but were at 28 megs now and may get up to 30 megs.

OUM presentation was impressive this time Lowrey had a 2008 date for samsung flash and D-ram chips and a chip from Intel in 2008 and BAEs radiation 4 meg chip selling now . Lowery said BAE chips have a lot of these chips are being sold to buyers just wanting to get their hands on them to test the first OUM product.

Stempel dealt with meeting vote's and had only about 4 or 5 questions at end of meeting. I was a long meeting a shareholders werent like cc questioners. Light question's only I cant even remember them.

What I see is that Stemple said with some delay they now a back on their time line to getting profits. Solar ,OUM are doing good and COBSAYS looks like(2009-2010) until profits kick in. Will need expansion about that time.

This stuff could be on video at ECD's site at some point when they chop it up because its going to be too long they will need a short version.