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

To: Michael Latas who wrote (3271)	2/28/1999 10:12:00 PM
From: Don Devlin	Respond to of 8393

AT LONG LAST: [SINGAPORE] Listed battery maker G P Batteries has built a new electric car based on a Daewoo sedan. Built in collaboration with US electric vehicle specialist Solectria Corp, G P Batteries' creation uses nickel metal hydride batteries to power a 45-kilowatt electric motor. Packing a maximum torque of 100 newton-metres, the so-called GP-Bat can attain a top speed of 110kmh and climb inclines of 12 degrees -a rare feat for electric vehicles. It has a range of 120km (80 per cent if aircon is used) and requires six hours for a full recharge (four hours for a quick charge). G P Batteries has been conducting trials on a fleet of retrofitted Suzuki electric cars for over four years now. The GP-Bat is among 12 Daewoo Racers it converted to run on batteries. It has sold six to a Hongkong utility board, with the rest targeted for Australia and Singapore. The GP-Bat will be among six cars in a charity parade to be held tomorrow by the Singapore Polytechnic. In its efforts to raise funds for the National Kidney Foundation, the polytechnic's electrical engineering department will drive two solar-powered cars, an electric van, an electric bus and two electric cars (including the GP-Bat) down Orchard Road at around noon. The parade also aims to raise public awareness of alternative power sources. "There are many doubting Thomases out there," said Philip Chin, director of the polytechnic's electrical engineering department who is in charge of the institute's electric vehicle R&D projects. ... business-times.asia1.com.sg btletter@asia1.com.sg The Business Times, 390 Kim Seng Road, Singapore 239495 GP Nickel Metal Hydride EV Batteries gpbatteries.com.sg gpbi@gpbatteries.com.sg GP Batteries International Limited 50 Gul Crescent. Singapore 629543 Tel: (65)862-2088, Fax: (65)862-3313

To: Michael Latas who wrote (3271)	3/1/1999 8:21:00 AM
From: fred whitridge	Read Replies (2) \| Respond to of 8393

Michael Latas-- Welcome home. Seems you were leader of the news on the Kettering plant and thusly have your ear to the rail in the Dayton environs. Why don't you and your spies sleuth out a modest hostelery for the faithful (crazy?) who may be attending the annual meeting and let us know. I've enjoyed the pre- and post game bull sessions with habitues of this list enormously over the past couple of years.

To: Michael Latas who wrote (3271)	3/1/1999 9:27:00 AM
From: Futurist	Read Replies (1) \| Respond to of 8393

I will be attending. Coming in around 9PM the evening of 3/24. Would love to catch breakfast with someone.

To: Michael Latas who wrote (3271)	3/1/1999 9:35:00 PM
From: Michael Latas	Read Replies (2) \| Respond to of 8393

I received my proxy statements along with the 10K today. This was mailed out last week. The Presidents letter is scheduled to go out in the mail this coming Friday. Also enclosed is a letter from Stan Ovshinsky asking for our support in voting for the approval to extend the current special voting powers now in existence for another six years, to prevent any takeover attempts. These special rights would also extend to Bob Stempel. Personally, it is in our best interests to approve. What ever short term gain we would realize, if these special voting powers are not approved, by a hostile takeover would not begin to make up for the long termed losses we would all face if a takeover were indeed successful. Imagine if you will, anyone of a number of Fortune 500 companies, for openers, let alone foreign companies who have some very deep pockets who would just love to get their hands on such a firm as ECD, on the verge of commercializing four unique major international core technologies. We would be swallowed up and assimilated into some multi-billion dollar giant that could be treading water, looking for some potential new growth, which would seriously dilute ECD's share of the growth. Again, this is my personal opinion, but one that I believe are supported by the facts. Toyota alone has 30 billion dollars (US) sitting in the bank. Many, many others have multi-billions of dollars in their bank, looking for the right opportunities to invest in. Can you think of a better potential opportunity than ECD with its unbelievable low market cap? Comments? Regards.