American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 36.53

+4.9%

Nov 6 3:59 PM EST

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To: DanD who wrote (762)	5/22/2013 12:39:33 PM
From: Art Bechhoefer	of 973

The Tres Amigas revenue bond seems to be the most likely cause. Thanks for the note. I had seen references to the project in earlier AMSC reports but did not know that the project was getting under way. One other factor that could affect AMSC in the short run is the problem with Sinovel, the wind turbine company that allegedly stole trade secrets from AMSC. The New York Times reported yesterday that China and the US were in negotiations concerning dumping of solar photovoltaic devices on the US and world markets, at prices below cost, or prices subsidized by China. Both solar and wind turbine devices feed into inverters that connect the devices to a power grid. There is a possibility that, in order to avoid sanctions from the World Trade Organization (which could result in tariffs being applied to Chinese exports by other members of the WTO), China will find a way to settle these issues out of court, and to the satisfaction of other WTO members. Art

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