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

To: WALT REISCH who wrote (2338)	9/21/1998 12:11:00 PM
From: Metacomet	Read Replies (1) \| Respond to of 8393

Well, it's a start. Poorly written, which isn't Stempels' fault. If this was my introduction to ECD, not sure what I would think. Probably just file it away as a curiosity. Given Stempels background the focus is on cars. The role of electric cars being the energizer for the stock is one of the weaker options as far as I am concerned. The DVD and solar technologies were almost mentioned as afterthoughts. The Russian ventures were emphasized. I thought these (Russia) were ancillary activities giving us minimal investment risk. Transition from R&D to manufacturing focus was news. What is a "royalty trust"? Are they mortgaging the future revenues to try to go into manufacturing? And finally, we can look forward to an annual revenue stream of a whole million dollars from DVD royalties? I am NOT impressed. Inadequate focus, story is a curiosity piece on ex-GM guy, Stempel. Yes the name of the company was mentioned. Other than that it will hurt as least as much as help.