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Wild-bill

02/11/13 11:37 AM

#14765 RE: Seasound #14763

Name one contract issued in relation to any of the aforementioned disasters.

Keep two things in mind.

CPST did a bad job in Japan long ago with poor-quality units. They have yet to recover from that and may never do so. Moreover, to replace nukes, a centralized power utility like they have there would be more likely to go for big-MW generation, maybe from GE and/or UTX if they go with NG generation.

For Sandy, we have the centralized power aspect and it takes time to make sales because of the need for engineering assessment of customer facility, product selection, financial analysis, ... permits from multiple agencies and/or permission from the utility to connect to the grid, which any sane customer would want to do.

If we see any Snady-inspired results, I expect at least several more months before anything gets finalized. Still might be no PR unless some kind of a large customer orders multiple units for multiple locations. Sans that, it's not a materially significant sale.

They might announce such, just for the PR value, but I would be surprised.

MHO,
Bill