posted
Has anyone been following this one? I bought in a about a week ago at $3.90 and it has been doing a slow but steady climb ($4.20). I was thinking about selling it off but then I read an article today and this was the last line-
Bottom line is that Capstone is an under-followed small cap clean technology play with a new, highly qualified management team, proprietary technology, and an attractive fixed cost structure that will become highly profitable as it penetrates end markets that face rising energy costs, grid constraints, and environmental concerns.
Lastly note that Capstone most recently reported a cash balance of approximately $43 million, revenue up 60%, and a backlog that increased 458% yoy.
-------------------- "When you're in a hole, the first thing you do is stop digging." -H. Ross Perot Posts: 111 | From: Detroit | Registered: Jun 2008
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posted
in this one for a while. making good strides. great business development. well positioned. may cool off at the end of summer when energy costs stop spiking. but should be a good hold thru summer imo.
On July 15, 2008, a director of sales of Capstone Turbine Corporation, a Delaware corporation (the "Company"), gave a sales presentation that could indicate that orders for the Company's 200-kilowatt ("C200") microturbine have shipped and stated that more than 5,000 microturbine production units have been sold since the Company's inception. As of March 31, 2008 the Company had shipped over 4,000 systems and had 426 systems in backlog. As of the date of this report, no commercial C200 microturbine orders have shipped. The first commercial C200 microturbines are scheduled to be shipped in September 2008 and as of March 31, 2008, the Company had 60 units or 12 megawatts in total backlog of C200 microturbines. More information on the sales and scheduled shipments of the C200 microturbines can be found in the Company's Annual Report on Form 10-K for the year ended March 31, 2008 under the heading "Business." In addition, a corrected version of the sales presentation has been included on the Company's website, www.capstoneturbine.com, in the section titled "Investor Relations - Presentations."
-------------------- "When you're in a hole, the first thing you do is stop digging." -H. Ross Perot Posts: 111 | From: Detroit | Registered: Jun 2008
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