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Pastimes : Trade Blogg Ideas Inter Alia

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To: Rutgers who wrote (189)3/4/2006 12:39:45 PM
From: Rutgers  Read Replies (1) of 285
 
DESC Update ==> Alternative-Energy Stocks Shine As High Oil Costs Here To Stay

investors.com

Distributed Energy Systems (DESC) makes hydrogen generators and power systems for oil rigs and other remote sites that need on-site power but can't rely on the electric grid.

"That's an example of a market that is thriving today," said Tanous. Tanous is managing director at Merriman Curhan Ford & Co., a San Francisco-based institutional research and investment banking firm.

Let's see how this plays out this week - I gotta strong feeling that the CEO has been sitting on news. I think a move to $12 may happen this week. Stay tuned.

Responding To Message #189 from Rutgers at 3/2/2006 4:31:19 PM

DESC Update: stock looks strong as we head into next week's conference call. One interesting point is that they previously mentioned expecting to have the conf call this week. Then it was moved to next week - where the release will be Tuesday night, but the call will not be until Wed mid-morning. It sure seems to me that they want to give the Street as much time as possible to digest the news before the new CEO chats with them. If they d/n have great news, then I d/n understand why they would time it like that...

With oil still over $60, gotta believe that demand for A/E is still white-hot and should continue as we head into the warmer weather.
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