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Technology Stocks : American Superconductor (AMSC)
AMSC 38.87+6.3%Nov 7 9:30 AM EST
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To: Jay Lyons who wrote (321)1/26/2000 10:28:00 AM
From: Wafa SHIHABI  Read Replies (1) of 973
 
Well Jay, see what you have done now? 3 announcements and a conference in one day and no one wants to talk about it on this board.

Ok, I'll talk.

The funding. I find the size of the funding in itself quite bullish. It indicates a high degree of confidence in the next step of expansion. The last few experiences in fund raising were in the order of $1-15 at a time (ISCO,CDTS).

The 30 units. Even though I would have loved for them to declare that they will meet their original forecast, I think it is more significant to be able to measure the sales "process" itself and not the numbers at this stage.

Obviously, none of us can do that from the outside. SMES is not a product that has been sold for many years. The selling process is a learning experience on its own. The statements made during the conference, were quite assuring of the increased sure-footedness of that process. That I found rather positive.

Other remarks in the conference renewed and reassured on the progress on motors, wire, other products and JV's. I found the JV talk extremely healthy, and supportive of the argument that management is very much on the right track, strategically and tactically.

Now Jay, I tried hard not to cheer lead, but I must confess that I like this company.
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