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lbas

06/05/07 10:28 AM

#9978 RE: Bobwins #9975

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

littlefish

06/07/07 10:19 AM

#10008 RE: Bobwins #9975

Bob- do you put any potential in IVAN's development of its HTL heavy oil recovery porcess? Seems like if it works, it could be popular in the tar sands area of Canada. Market seems to not think much of it and IVAN has been known to overhype things at times.