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Technology Stocks : American Superconductor (AMSC)

AMSC 35.70

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From: David C. Burns	2/15/2012 2:35:43 PM
	2 Recommendations of 973

U.S. to Share Cautionary Tale of Trade Secret Theft With Chinese Official By JONATHAN WEISMAN NYTimes China’s next leader, Xi Jinping, may never have heard of American Superconductor Corporation before he arrived here Monday, but by the end of his visit United States officials hope to make the small Massachusetts wind-energy company an object lesson in the impact of Chinese trade secret theft on American business. Senator John Kerry, chairman of the Senate Foreign Relations Committee and a Massachusetts Democrat, plans to raise personally with Mr. Xi the case of a company that saw 70 percent of its business evaporate last year after a Chinese partner enticed one of its employees to steal the crown jewel of its technology. nytimes.com

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