Replies to post #168639 on Naz News, Gappers and FLE''s

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COMV, a very brief synopsis for us...



Tanked on earnings on 12 August



12-Aug-08 06:09 ET In Play Comverge misses by $0.07, misses on revs; guides FY08 revs below consensus (8.94 ) : Reports Q2 (Jun) loss of $0.45 per share, $0.07 worse than the First Call consensus of ($0.38); revenues rose 106.5% year/year to $9.5 mln vs the $13.4 mln consensus. Co issues downside guidance for FY08, sees FY08 revs of $80.0-90.0 mln vs. $99.41 mln consensus.

Jeffries had some positive comments today...

Jefferies initiates Comverge (COMV 6.02) with a Buy and a $10 tgt saying they believe COMV's shares are trading below fair value and could see upside from new contract wins or a beat of deflated expectations. They think COMV is positioned to grow rapidly from the adoption of demand response as a least-cost solution to key issues facing power markets.