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To: Jerryco who wrote (429)9/18/1998 7:14:00 AM
From: Jerryco  Read Replies (1) | Respond to of 509
 
Conference Call Post from Yahoo thread:

Top:Business and Finance:Stocks:Technology:Computer Hardware:MXWL (Maxwell Technologies Inc.)

<- Previous Next -> Message 319 of 320Reply Conference call notes.....IEatToast
Sep 17 1998
6:25PM EDTThe following are some of my notes from the conference call as I heard them. I don't guarantee the accuracy of them, but here goes.....

*Backlog currently at $75mil....
*Co. is up to 1,000 employees....
*Ongoing daily dialog with Siemens - don't see any problems with board approval going through
*Management is very, very optimistic on the both the short & long term prospects of the Co....
*1st quarter is half over & is going very well....
*Maxwell France is operating, and expect to have Maxwell Germany soon....
*Siemens was sold a broad-based NON-EXCLUSIVE license for Maxwell's products....
*Maxwell has carved out a geography for themselves that Siemens cannot sell in....
*Siemens will sell Maxwell's products for them until their own production capacity is ramped up....
*Need more liquidity for stock - 2 for 1 split would probably occur around $40....
*I-Bus should acclerate growth to around 50% going forward....
*4 new production factories have gone on-line in last 9 mo.'s...
*New factory should be on-line by end of November that would 5x current capacity and possibly cut some costs by a factor of 2x (I am not sure of which products or the exact details of this one)....
*Still have over 300 inquiries that they have not closed the loop on yet....
*Funded research is becoming less & less of sales & product sales are becoming more & more( less than $2mil of the $12mil in power conversion sales came from funded research)....
*The electromagnetic filters may have found a new home in hearing aids....
*Of Maxwell's 3 main competitor's, 2 have asked Maxwell to buy them(please read that again)....
*The 3rd, Panasonic, has a current product line that is where Maxwell's product was 2 years ago....
*Mazda was added as a client this quarter....
*Growing relationship with General Electric Medical is developing nicely....
*Tetra-Pak is shipping their 1st commercial product, with Maxwell designed into the unit, to a dairy in Modina, Italy....

There again, these notes are to the best of my recollection. Call the Co. for specifics or verification....

Best regards,

T.