SI
SI
discoversearch

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 : SatCon Technology (SATC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Mortensen who started this subject7/17/2000 11:01:55 PM
From: Paul Hackett   of 440
 
SATC has seen a significant amount of apparently institutional accumulation the last two trading days. Some speculate that this is related to the recent SATC addition to the Russel 2000 index. Others are hopeful it is related to an upcoming Beacon IPO announcement. In either case, SATC is once again showing considerable strength, and needs to be considered one of the safest plays in the alternative energy field.

SATC has not put all their eggs in the fuel cell or the flywheel basket. With seven promising divisions centered around energy management, the odds are in SATC's favor that at least one will be a goldmine. Let's hope for sustained revenue growth from all the divisions in the near future, and then maybe several divisions will become profitable in the next few years.

As alternative energy companies become more popular, we can expect to see more "biotech-like" valuations in this sector. But most of us realize that only sustained revenue and earnings growth will maintain those valuations. SATC has a chance to become a core-holding for investors in energy. At least it has my vote.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext