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Technology Stocks : Astropower (APWR)

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To: psycho_killer who wrote (201)4/13/2003 3:23:20 PM
From: Tom Pulley  Read Replies (1) of 214
 
I assume you all know this, but this is one of those companies caught playing with the books. I understand they currently face a number of shareholder lawsuits. I got stopped out of this stock long ago at around $20, but not before taking a 10% loss. Later of course, word gets out that they were booking revenues prior to shipping product and perhaps other maneuvers to maintain growth and meet analysts projections (which they still rarely did).

I keep watching this stock thinking that one day they will take off. Natural gas prices are very high now and look destined to stay fairly high....causing high electricity prices and therefore making solar energy more competitive..........eventually.

Tom
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