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Re: Bobwins post# 9975

Tuesday, 06/05/2007 10:28:11 AM

Tuesday, June 05, 2007 10:28:11 AM

Post# of 33753
Bobwins, You are right. They make products that harness solar energy for high power applications including 1000 hp pumps. They used to be primarily in agribusiness but have diversified and have started winning contracts for power generation in other areas such as a $16 mill contract to provide power to the Fresno Yosemite airport for 20 years. They have strong strategic partners in EMKOR and Entech.

WWAT is projecting to do $35 million in sales for 2007 (100% growth over 2006) but already has a steep market cap of $175 mill. The environment is good for renewable energy stocks. I took some more profits here this morning but still hold about 40% of my original holding.

here is a link to their recent presentation:

http://www.worldwater.com/Finance/FINAL%20QTK%20Jefferies%20Confere.pdf

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