Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joe Master who wrote (3311)	3/8/1999 1:14:00 PM
From: fred whitridge	Read Replies (2) \| Respond to of 8393

Goodness! Me agreeing with Joe Master? What has the world come to? Joe- Many of us have advocated this in the past. I brought it up at last year's annual meeting. I've sent letters on the subject off to Troy. I've posted here about the Evercel spinoff from ERC which is a nice template for doing a splitoff and having these subs be self financed. Once their rights offering is done, it should even prove an interesting trading comparable. A core ECD would remain doing contract research and owning large pieces of the subsidiaries. A spin off and rights offering would allow a 25MW machine to be built at USSC, and for the capital accounts to be equalized (and fire put under the boiler) at GM/Ovonic. I think both could be done in a way where control wasn't lost. Hopefully we would see that the parts are worth lots more than the whole.