Acorn Energy Inc (ACFN)

[OilStockReport]

Today's 10q has some interesting highlights but not enough to warrant a turn around just yet. However hitting 52 week lows does beg the question when does the bounce occur?

OVERVIEW AND TREND INFORMATION


During the 2010 period included in this report, we had operations in five reportable segments:

· Catalyst regeneration technologies and management services for SCR systems which are provided through our CoaLogix subsidiary.


· Sonar and acoustic related solutions for energy, defense and commercial markets and other real-time embedded hardware & software development is reported in our Naval and RT Solutions segment whose activities are conducted through our DSIT subsidiary.


· Software for integrated project information and cost control solutions for energy exploration and power generation markets provided through our Coreworx subsidiary. The reported operations of Coreworx include the operations of Decision Dynamics Inc. which was acquired by Coreworx in April 2010. See Recent Developments – Coreworx.


· Smart grid distribution automation products and services provided through our GridSense subsidiary which was acquired in May 2010.


· Energy and security sensor systems services which is provided by USSI which was effectively acquired by us in February 2010.


Accordingly, our results for the three and nine month periods ending September 30, 2010 are not comparable to the three and nine month periods ending September 30, 2009 with respect to Coreworx’, GridSense’s and USSI’s results.

The following analysis should be read together with the segment information provided in Note 13 to the interim unaudited consolidated financial statements included in this quarterly report.