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wadegarret

08/03/08 2:04 AM

#104749 RE: bunky #104745

bunky- APWR

APWR has around a $1B backlog, which is unreal. I didn't believe it at first, but it appears to be true, which is why I got in after a 25% retracement last week. Also it seems after this latest $300M contract win for APWR that they have the ability to attract huge contracts that should keep them growing strong- possibly for years.

Bottom line is, APWR is growing very strong with a huge backlog, growing margins, and they're in a hot sector which could soon bring 30+ PEs going forward. It wouldn't surprise me to see the company start posting qtrs of $.50+ by year end, so this could be a big winner IMO. Wade