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Technology Stocks : American Superconductor (AMSC)
AMSC 35.70-2.3%1:17 PM EST
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To: tktrimbath who wrote (741)2/13/2012 2:53:25 PM
From: Doren   of 973
 
> I missed a similarly sad bit of news about the superconducting side

I haven't seen anything.

No doubt investors are wary of stories in general, and tired of waiting for a breakthrough on superconducting materials. Most of AMSCs current businesses I think are thin profit margin businesses.

If they discover a breakthrough with high temperature superconductors that might give them the opportunity to compete with high profits and a huge barrier to competition. Even with a breakthrough the product, presumably superconducting cable and wire, would have to be cost effective. That's a pretty tall order.

Otherwise they seem to be plodding along. I would love to see them succeed but baring any inside information on their superconducting business investing in AMSC is pretty speculative.
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