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Technology Stocks : American Superconductor (AMSC)
AMSC 34.03-6.9%9:37 AM EST
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To: Art Bechhoefer who wrote (794)7/17/2014 3:19:59 AM
From: Hawkmoon  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.
They said the deal is worth $60 million in revenue and there are expectations of at least two more similar deals with other utilities.

Either way, along with the $40 million deal out of India, things are finally turning around after the Sinovel debacle..

And a favorable resolution to that litigation will now just be icing on the cake..

And then, if they can sell their 33% stake in Tres Amigas, or it completes it's financing (75% reportedly financed already), then valuations have room to appreciate.

Hawk
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