Shining Light on EMCORE
by: Unenergy posted on: May 29, 2008
Let me ask you a question: When you think of Boeing (BA), General Electric (GE), Intel (INTC) and NASA, as an American how do you feel? These three companies have provided Americans with the means for long distance travel for business and to see loved ones, great jobs, financial security, innovative computing, electrical and health products; in fact, you could credit these companies with making great contributions to improving your quality of life. And in the case of NASA, inspiration for all Americans and pride in their country at what their countrymen can achieve.
Now what if I told you they may have been working towards something in common, so exciting that the way the world generates electricity from the sun need not be the same ever again?
I’d like to introduce a new name to you: Emcore (EMKR) Corporation of Albequerque, New Mexico. What is it that is so special about the great American organizations above and Emcore, and what do they have in common?
The answer – CPV or Concentrated PhotoVoltaics solar systems.
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On April 15 2008 GE purchased 230,020 shares in Emcore. And on 30 April 2008 tripled their holding to 690,060.
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seekingalpha.com
Nice article on our favorite stock. I think EMKR will trade much higher later this year. Perhaps GE is positioning themselves to buy out Emcore. |
