American Superconductor (AMSC) Message Board

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Technology Stocks : American Superconductor (AMSC)

AMSC 34.03

-6.9%

9:37 AM EST

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From: Hawkmoon	4/22/2015 3:14:14 AM
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Looks like a big gov't award for AMSC.. This solicitation is suggesting an employee increase of 500 workers.. All billed to the gov't.. Figure at $50,000 per worker, times 500.. that's $25 million alone in salaries.. Then add on to that the normal percentage of overhead per employee.. That alone could be quite substantial.. And we're yet to see what kind of product and materials are to be ordered, and margins on those sales. fbo.gov seekingalpha.com And the company's attorneys are in court recently and the judge is determining whether "proper service" was given to Sinovel with regard to the litigation by AMSC.. It's a bit complicated to explain, but I think the judge will uphold the claim that proper service was delivered to Sinovel's (now closed) US subsidiary, therefore the parent company in China was properly served.. That could lead to Sinovel finally throwing in the towel and settling with AMSC for their theft of intellectual property back in 2011. Get such a settlement, and this stock will launch to the moon.. even if it's only a portion of the $1 Billion in punitive damages that they are seeking. Hawk

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