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To: Bucky Katt who wrote (29902)4/26/2006 11:43:00 AM
From: Skywatcher  Respond to of 48461
 
as I was saying
Composite Technology Receives ACCC Repeat Order From China
Wednesday April 26, 8:05 am ET
ACCC Cable Provides Solution for Increased Line Capacity

IRVINE, Calif., April 26 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) announced today repeat orders for its high performance ACCC cable by Jiangsu Far East Group Limited. These orders, totaling over $500,000 will be delivered to China by mid-June and represent the latest in a series of opportunities identified in the fast growing Chinese electricity market for ACCC cable for electrical transmission and distribution.
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State Grid Corporation of China (SGCC) has vowed to substantially reform the country's power transmission networks, according to its 2006-2010 development plan. SGCC's general manager, Liu Zhenya, has stated that during the 2006-2010 period, the corporation would invest heavily in power grid construction to eliminate the power supply bottlenecks by 2010 and to make the state network more flexible and efficient.

Liu Zhenya has also stated that by 2020, the corporation will have established a nationwide high-voltage backbone grid to link the country's major electric power production bases and key load centers. This "electricity superhighway" will facilitate the concentrated development of large hydropower, thermal and nuclear plants, and allow optimization of resource allocation across the country.

"We believe that our ACCC conductor will play a major role in solving China's problem of congested grid systems that cannot keep up with the increased demand for electricity. Together with our strategic relationships in China, we plan to increase our market presence by demonstrating the economic value of our solution to expanding electricity capacity on any grid line," stated Benton Wilcoxon, CEO of Composite Technology Corporation.



To: Bucky Katt who wrote (29902)4/26/2006 11:47:17 AM
From: Skywatcher  Read Replies (2) | Respond to of 48461
 
AMT LEAPS are now GOING!

UPDATE 1-TABLE-American Tower Q1 loss narrows
Wed Apr 26, 2006 10:31 AM ET
(Adds Q2, 2006 outlook)
April 26 (Reuters) -
AMERICAN TOWER CORP. (AMT.N: Quote, Profile, Research)
Latest Yr ago qtr
Loss (diluted, $/shr) 0.01 0.14
Net loss ($ million) 2.6 31.6
Total operating
revenue ($ million) 320.4 184.4
--The wireless and broadcast communications infrastructure
company said net loss for the latest first quarter included
$9.1 million of net income attributable to SpectraSite.
--American Tower expects second quarter income to be
between $1 million and $3 million from continuing operations,
and total revenue in the range of $317 million to $322 million.
--For the second quarter, analysts on average expect the
company to post revenue of $317.1 million, according to Reuters
Estimates.
--American Tower als raised its projected total revenue for
2006 to be between $1.282 billion and $1.306 billion from the
previous forecast of $1.257 billion to $1.286 billion.
--For 2006, analysts on average expect revenue of $1.281.6
billion, according to Reuters Estimates.
--The company expects 2006 income in the range of $1
million to $25 million from continuing operations, compared
with a loss of $25 million to income of $10 million forecasted
earlier.

--The company also said its 2006 outlook for capital
expenditure includes $55 million to $75 million for
construction of new wireless towers, installation of
in-building systems and land purchases.
(Reporting by Sweta Singh, Anand Narayanan in Bangalore)