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


To: Joe Master who wrote (3059)1/24/1999 10:11:00 AM
From: Ray  Read Replies (2) | Respond to of 8393
 
Joe:
>So in your opinion Stan's management of the company has nothing to do with why
the company is not nearly profitable or why the market cap is a joke? <

I think Stan's management is why ECD still exits. Also, the statements I have seen claiming bad management on Stan's part have been poorly supported, to say the least. Further, I think that Stan's management ability with respect to running a manufacturing company for developed markets is moot as the markets for ECD's products are only emerging. There may well be a time when he should step down, but I think this would be very bad for us now.

Keep in mind that ECD proper is an R&D company. Serious manufacturing of their products is intended to take place in their subsidiaries, which will be run by others.