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

To: Metacomet who wrote (2330)	9/19/1998 10:06:00 PM
From: E Haiken	Read Replies (3) \| Respond to of 8393

ECD is not floundering as a business. The stock has been beaten down terribly. There is no question about that. I think the prospects for ECD are the best that they have ever been, despite the current state of the stock. The current market cap is approximately equal to the value of the tax-loss carryover & the cash, totally ignoring all the patents, joint ventures, etc,etc. Do you really believe that the enabling technology for rewriteable CD's & DVD's, thin film photovoltaics & all the uses of NiMH batteries is worth -0-? No rational investor, knowing all the facts would value ECD at this level. The problem is ECD's inability to educate the public, which hopefully Ruder- Finn will help to solve quickly.