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Ecomike

10/29/09 2:17 PM

#287 RE: ombowstring #286

I need to reread it after the market closes, but IIRC the order volume was equal to half the annual capacity, or close to it. May take a while to fill the order, but that is supper bullish for APWR, IMHO. I have moved my target price for 12-18 months up $20. Earlier this year they got a huge port & LNG pipeline deal that was twice previous annual sales IIRC (one order, 2 year contract?), that starts next year too. The stock has been very volatile, high beta to the market indexes, so wait for big dips like yesterday to buy, but I think it has a good long term trend higher.
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Ecomike

10/30/09 5:33 PM

#289 RE: ombowstring #286

The answer is yeas, the project size is equal to half of annual plant capacity. Total project size was 1.5 billion dollars. And it breaks APWR into the largest wind market in the world! Also of interest is that APWR owns part of the company that will own part of the wind energy farm.