American Superconductor (AMSC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : American Superconductor (AMSC)

AMSC 35.70

-2.3%

1:17 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

DanD

To: Hawkmoon who wrote (793)	7/16/2014 2:56:57 PM
From: Art Bechhoefer	1 Recommendation Read Replies (1) of 973

This is a very long term project, and the amounts of superconducting wire and related equipment shipped this year are not likely to be large. The possibility of upgrading the entire grid, especially in large metropolitan areas, is enticing, but again, it depends somewhat on availability of federal funds or tax subsidies to make these investments. Congress so far has been reluctant to appropriate funds for ANY infrastructure projects, including highways and bridges, limiting the latest plan to road repairs up to May 2015. That's surely not good enough for major improvements to the grid. The big question remains: Can AMSC recover anything from Sinovel? If so, the stock will soar whether or not these new grid improvement projects materialize. If not, we're still stuck with a company barely making it in terms of its cash flow, and likely to need further dilution of its shares to make ends meet. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next