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

To: Don Devlin who wrote (3201)	2/14/1999 5:31:00 PM
From: Futurist	Read Replies (2) \| Respond to of 8393

I'm down with this. I bought ECD eight years ago after screening all the stocks in the S&P stock guide. I was looking for an environmentally oriented company with real visionary leadership and enormous prospects. ECD was the number one company that showed up in a list of approximately 200. (ISCO was another which I held for a long time and made money on once, but has never really panned out. US Filter sort of has the profile, and I've got a double in it, but I'm not sure how I feel about a company with Dan Quayle as director.) The more I've learned about ECD, the more fascinated I've become. The involvement of the emeritus president of the UAW, Edwin Reischauer, Sr. and his wife on the board of directors was the determining in my first investment. (The ECD Board of Directors looks like the back up squad for the Nobel laureate selection committee.) I have traded ECD once, selling 500 shares out of my total holdings at 20 for a double. In one sense, I've never wanted to be out of the stock because every day, any day could be the day when one of its technologies will be discovered as the cornerstone of the new era. ECD and Stan have "spoken truth to power" for the last 30 years. We desperately need to break our cycle of dependency on fossil fuel. Energy has lead the way in demonstrating that there is another viable energy pathway to the one the world has been on for the majority of this century. It may be that other technologies will ultimately supercede ECD's, and that would be too bad as far as I'm concerned personally. But, by owning Energy, I get to ride with the Rangers on the Frontier of a tomorrow that has to come. Does that make me a short term holder? I've learned a great deal about the entire domain of alternative energy by being an ECD holder, especially since I became a denizen of this thread. The substantive contribution here are marvellous, although the personal stuff sometimes moves into a realm of incivility which leaves me cold. And, I think that Smith's technical approach is relevant and useful. Man sure did get the move from $6 to $10 right.