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: Michael Latas who wrote (3373)	3/21/1999 9:49:00 PM
From: Michael Latas	Read Replies (2) \| Respond to of 8393

Way, way, way back when, when I first decided to invest in ECD, I made a conscientious decision to place my bets on the tortoise as opposed to the hare. I believed back then as now in ECD and have been an accumulator since. To each his own. Everyone has different needs and expectations. And yet I will be the first to admit that things have taken longer than anticipated, for all of us, including ECD. However, it looks like everything is starting to come together at long last. The picture continues to get bigger and brighter with each passing day. And now, as I had promised, a favorite story of mine regarding "Some things take time." Right after Charles Kettering developed the first electric starter for the Buick in 1912, top management from GM would frequently visit the Kettering labs in Dayton Ohio to see what else he might have forthcoming from his R&D facility. Needless to say they were quite anxious to see what other developments he had in the works. The exec's would forever question why he didn't work his people overtime, or two shifts. Each time Kettering would simply reply with his usual answer that " Some things take time". He used to get quite frustrated when responding to the exec's urging, upon their seeing different new ideas in various stages of development. They were all very anxious to speed up the process so they could gain even more ground on Ford, who up until GM came up with the first electric starter, controlled over ninety percent of the US market. One day, when faced with the usual pressing demands as to why he could not at least start up a second shift to speed up the development process, Kettering responded by stating, "Gentlemen, what you don't seem to understand is that some things take time. What you continually request is the same thing as putting two men on the job of impregnating the same woman, in the hopes of producing a child in half the time. Some things take time." Another famous quote of Ketterings's that I shared with you in the past is worth repeating: "Solutions to the most difficult problems, once found are always simple." However, solutions can indeed take some time. We are all aware of the time that has elapsed with ECD in their developments. I for one honestly believe that our time has come, with the advent of Tyler Lowrey and Ken Baker joining our firm, among other developments. I certainly hope this post doesn't come across as cheerleading, but an honest objective assessment of ECD. There are over 9,900 publicly traded companies in the US, of every conceivably type. You name it and you can find a company('s)to meet your needs. I personally don't feel it's too late to get some additional Microsoft, Cisco, Sun, EMC, DELL, to name a few, if you are looking for some good growth. However, if you truly want to be in on the ground floor of a truly explosive potential growth company I would challenge any one of you to point out another company that has more going for it than ECD. I, for one, am always open to new promising technologies and keep abreast from a number of different sources as to those technologies that show the greatest promise for growth, regardless of the field they are in. The core technologies ECD is in really should have the fullest support of the US gov't, because it will bring back new jobs already lost to the Asian countries in particular. Beyond that, our solar and battery technology are environmentally friendly, which we need so badly throughout the world more than ever. I, for one, would like to play my part in helping make this possible. Furthermore, I for one would love to see Stan, Iris and a host of their colleague's receive the recognition they so richly deserve for the many contributions they are making for mankind. Perhaps the shareholders meeting this week will shed some new light on our progress. We shall see. I look forward to attending, as usual. Regards.