Replies to post #346617 on Zeev's Turnips Patch-No Politics (ZEEV)

[extelecom]

Zeev, HDTV financials don't scare you?
http://www.investorshub.com/boards/read_msg.asp?message_id=5130573
"Posted by: Joe Stocks
In reply to: extelecom who wrote msg# 346147
Date:1/15/2005 5:11:58 PM
Post #of 346454

ET- Why would HDTV financials scare you??
-Just because they nearly ran out of money,
- they got a last minute infusion of $10 mil by way of convertible offering that pays 10% and is due in 3 years,that is bank rolled 60% by the CEO
-because they could not get a loan
-and they could not sell additional stock
- and because they lost more than $9 million in 2004
-and they have more than $5 mil due on the new factory they are building
-and they don't have any FIRM substantial purchase orders
-and they do not have a CFO-
-and their accountants just resigned....
-and sales last year were just $1.27 million last year when the street was looking for $45 mil...

Honestly ,ET, why would HDTV's financials scare you???"

[Newly2b]

Yes, that much I understand of the technology -- using filters is a tradeoff in energy efficiency.

At this point in time, the problem appears to be mainly that no one company has the best of all three colors, so the manufacturer of an OLED screen has, of necessity, to license from different sources to get the best of each, but I understand some of the patents Kodak has on their original OLED research will be expiring in a year or two.

Near as I can tell, blue (a pure blue) that is long-lived is the main problem (pure red and green already have the required lifetime). There are also a variety of methods for applying the OLED to the substrate, from ink-jetting to vapor deposition. And to complicate matters further, there are flourescent and phosphorescent OLEDs. I'm getting on shakey ground here, as I know just enough to be dangerous, and understand little of what I do know.

As to a source, nothing special, just the Yahoo! boards where you have to wade through a lot of trash and flaming to get to the beef. I used to own stock in Universal Display, and their board used to be pretty informative, but with the stock price dropping for most of '04, it has gotten pretty quiet over there. You could try googling it. Good luck!

Newly