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

To: E Haiken who wrote (2582)11/6/1998 11:52:00 AM
From: Don Devlin  Read Replies (2) | Respond to of 8393
 
New Product/ Yamaha Motor To
Sell New Battery-Powered Bicycle

November 6, 1998

Nikkei English News via NewsEdge Corporation : (The Nihon Keizai
Shimbun, Nov. 5, 1998)

TOKYO (Nikkei)--Yamaha Motor Co. will on Jan. 12 release a bicycle
equipped with an electric motor to relieve riders from having to pedal all the
time. The New Pas MH Super, developed jointly with Sanyo Electric Co.,
has a nickel-hydrogen battery which lasts 30% longer than conventional
batteries, a company official said.

The bike switches to economy mode whenever it is on a mild slope or any
other place where no major assistance is needed, thus conserving electricity to
use when the rider simply wants to cruise. The 26-inch model is able to travel
assisted on a flat road for 80km, compared with 60km on a conventional
model.

Price: 108,000 yen for 24- or 26-inch models

14,000 yen for battery charger

Yamaha Motor Co: 2500 Shingai, Iwata City, Shizuoka Pref. Tel:
0120-090-819

<<Nihon Keizai Shimbun, Inc. -- 11-05-98>>



To: E Haiken who wrote (2582)11/6/1998 12:53:00 PM
From: Joe Master  Respond to of 8393
 
Sale of new stock can never be recorded as earnings.
Generally in the past when ECD did a deal the money paid up front was for prepaid royalties and there was also a few that had up front license payments. The lump sum license payment would be income the royalties would not (Look at almost every one and a significant part of the payments have been for royalties.)


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