InvestorsHub Logo
icon url

Hey

02/12/08 9:45 AM

#94553 RE: micham2012 #94552

This is gonna send APWR through the roof. Multi-million dollar contracts plus more coming!!!!!
icon url

Bobwins

02/12/08 10:54 AM

#94563 RE: micham2012 #94552

APWR spiked to 19.28 but slumped to current 17.25 or -.55 for the day. Guess it was too tempting to take profits.

Two new contracts totaling $72 million. Like previous guidance, these distributed power contracts are expected to take 12-18 months to complete. The backlog of $460million from last year should be rolling thru the P&L now. We should see sequential increases in top line revs over the next several qtrs.

Disappointing that stock couldn't hold the big gains but fundamentals should be strong for many years. Going to hold. Bobwins