Reason for yesterday's breakout move...
from the Yahooligan board -
go to these posts to read more:
finance.messages.yahoo.com
DESC :DESC: Channel Checks Suggest HOGEN Sales Momentum
2005-09-27 04:10 (New York)
First Albany September 27, 2005
Energy
Distributed Energy Systems Corp.
Buy(DESC - $ 7.17)
DESC: Channel Checks Suggest HOGEN Sales Momentum
Action:
Reiterating Buy rating on the shares of DESC, as recent channel checks suggest
increasing momentum for Proton Energy's HOGEN product, given its economic
value proposition, further enhanced by recent tight hydrogen supplies
following damage sustained from Hurricane Katrina. In light of the potential
for an increasing mix of higher-margin product sales and enhanced visibility
into cash flow breakeven, combined with ongoing positive trends at Northern
Power, we would be buyers at current levels.
and
Part 2 of the Yahoo post, finance.messages.yahoo.com
Key Points:
* Recent channel checks suggest that HOGEN product momentum has been growing,
as power plant operators begin to recognize the inherent benefits of onsite
hydrogen production, including enhanced efficiency/cost savings (payback of
less than a year in some cases), longer generator life, quick installation,
and reliability/safety benefits. Proton is targeting an estimated 17,000
hydrogen-cooled electric generators, which represent a more than $1B
addressable market.
* In particular, a recent hydrogen explosion at AEP's ($38.94-Not Rated)
Kammer plant in West Virginia further validates the safety benefits of the
HOGEN product, which rarely holds more than 15 liters of hydrogen at any
given time versus the 20,000 liters contained in a typical hydrogen
cylinder.
* In addition, ...
go to Yahoo for rest of post. |
