DESC read from yahoo message board....
The very substantial increase in Northern’s backlog is roughly evenly divided between off-grid business (oil and gas platforms, pipeline operating and communications systems) and on-grid CHP projects and solar projects. The Transamerica project in San Francisco just announced is a VERY SIGNIFCANT piece of new business that was virtually ignored in the market. It is not for Equity Office, and that is good, Northem are building relationships with several of the major commercial and industrial building owners.
DESC has great momentum in their backlog, but the market was very negative toward the company whole group.
I am confident that when DESC will give the update on their backlog and then deliver on second and third quarter results, the market will treat DESC with more respect and enthusiasm. Things might happen very quick, We don`t know the exactly day when management will come with the updating news, I just said we are very close to this event, therefore
I would advice to DESC investors to hold their position and for the future investors to start buying DESC stock. I`m more then confident that some meaningful announcement would come out very soon what would change the all current picture.
DESC CEO decided buying shares above $8 earlier this year even he knew the first quarter result will be poor. DESC CEO know things that simple investors could not aware from their sits. he is not "the simple soldier, he is the commander" he has to see the all picture for the long run.
I find Mr.Schwaly as a honest man, a persone who deserve to lead the company who deserve investors loyality. Mr. Swally will take DESC to higher record and for that I`m sure.
I find Chip Schroder DESC founder and President as a visionary man.
With both this two gentlemen and the other crew around tham DESC would be great company and will play an important key player in the alternative energy arena for some long time.
The stock manipulation can not continue for some long time !!! day traders and short players can make some small money in the short term, but in the long term who will buy and hold his DESC position will reward big time. USA and the world are ready for change in the Energy consumption use, DESC has some great solutions. lets hope that by 2007 we will hear Proton to build an automatic products manufacture line for their hydrogen generetors and that would be the signal for the investors that DESC is on track to be a monster in the alternative energy world.
Good luck.
