ENER closed @ 25
ENER has really has come a long way. Forty years of research finally gets turned into a business reality, with the help of a new management. ENER has over 1000 technological patents, many of which applies to very advanced technologies well ahead of its time. Their core competency is diverse - ranging from hydrogen fuel cells, nickel metal hydride batteries, photovoltaics, and phase-change memory. Currently, they are focusing most of their efforts on monetizing their photovoltaics division, as they should be, because that's the industry that is booming right now. The world may not yet be ready for the other 3 competencies just yet. This is how i see the order of when their technologies will be commercialized:
1) Photovoltaics (now!)
2) Nimh batteries (in a few years)
3) Phase-change memory (in a few years)
4) Hydrogen fuel cells (probably 10-15 years later)
Energy Conversion Devices (ENER) was founded by Stan Ovshinsky, a self-taught genius, some 40 years ago. "Stanford R. Ovshinsky invented and pioneered the fundamentally new science of amorphous and disordered materials. But it was with his equal partner and full collaborator Iris that he founded Energy Conversion Devices, Inc. (ECD Ovonics) in 1960 to use science and technology, based on his discoveries, to solve serious societal problems in the fields of energy and information — the twin pillars of our global economy." There's no doubt that Mr. Ovshinsky is also a visionary - he sees what kinds of problems our world will eventually face and invented the technologies that we will eventually use. Visit ENER's website.
The potential that ENER holds is enormous. Here is an investment opinion by a professor i found on the net several months ago. I can't say it any better so i'm posting an excerpt right here:
"A stock pickers fantasy – picking the next Microsoft.
The dawn of a new millennium presents a wonderful opportunity for prudent investors to reflect on the past, and project into the future of their portfolios. January 2000 investment publications offer savvy advice for fortune hunters seeking the next hot prospects in the seemingly never-ending, ever-charging bull market. The search is on, but not without parameters.
Recently, Wealth Manager magazine, a Bloomberg Communications publication challenged its Natural Investors to "go one step beyond" normal investment search strategies to pick the next Microsoft. It suggested that research focus on small-cap, emerging companies with the potential of not only financial success, but also the ability to produce goods and services which will "make a positive contribution to our world."
Now there´s an idea whose time has come! The fortune hunters of the 21st century must have a conscience, and their stock picks must be both money-wise and earth-friendly. Wealth Manager projects that the next Wall Street winners will be "Green" investors who pick companies which can solve environmental issues by dealing in renewable energy, i.e. clean transportation, fuel cells (hydrogen), and solar power. Who are these future-FORTUNE 500s?
By focusing on the keywords: renewable energy resources, this motivated stock prospector quickly unearthed a mass of data. The United States Department of Energy and The National Renewable Energy Laboratory (NREL) currently conduct research in advanced vehicles (hybrid and electric vehicles), hydrogen fuel cells, photovoltaics, and solar manufacturing. Many well-known corporations such as General Motors, Ford, and Chrysler, as well as a number of smaller firms, work closely with NREL, using these state-of-the-art technologies. Among the smaller firms, research reveals one well-veiled game-changing player poised to transform the future of the planet with its patented technologies in renewable energy.
Hidden away on the NASDAQ, behind unimpressive annual reports, unresponsive Wall Street relations, and a dismal trading history, lies a sleeping giant. My choice for Wall Street´s next Microsoft? I give you Energy Conversion Devices Inc. (ECD), a company whose technology seems to completely dominate the future of renewables. ECD offers a stunning array of "game changing" core products such as: hydrogen storage (fuel cells), nickel-metal hydride batteries, and photovoltaics.
As the rest of the world catches up to the concept of renewables, Energy Conversion Devices Inc. seems destined to become a behemoth energy powerhouse. Fortunately for Wall Street´s bargain hunters, the speculators have been too busy buying "hot air" on the information super-highway to notice the real potential of this sizzling prospect. The sound prospects of ECD have never proven to be a tough "cell" for this enthused investor, who for a number of years, has made it number one in his portfolio. ECD´s forty years of research and development, and the ingenuity of almost one thousand patents can be had, at this writing, for the amazingly low stock price of less than $20 a share. However, like its stock price, the products and prospects of this sleeping giant will soon rise to the occasion, answer the call for its patented technologies, and turn speculation into lucrative fiscal reality."
Is ENER the next Microsoft or IBM of the 21st century? Few companies have the enormous potential that ENER has. ENER founder Stan Ovshinsky may one day be recognized as the Thomas Edison of our time.
When you buy ENER, you may be paying for a piece of history in the making and your wealth can change enormously. You are owning 4 Horsemen of Advanced Information and Energy Technology, all packed into one company - A Sleeping Giant indeed!
Disclosure: I own ENER since $51, even though i recommended it at $27 (you can't say this time i got in before you did!). Click here to put in the symbol ENER and find out where it's likely headed.
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