Stocks in Motion: Beacon Power
By TSC Staff
8/15/2005 2:02 PM EDT
Beacon Power (BCON:Nasdaq -
commentary - research) surged 20% after the power conversion and storage outfit posted a narrower second-quarter loss late Friday. The Wilmington, Mass., company lost $1.8 million, or 4 cents a share, against the year-ago $2.3 million, or 5 cents a share. Revenue jumped to $318,000 from $126,000 a year earlier. "We continue to meet with potential investors and other industry supporters. We believe that we will be able to raise sufficient funds to continue operations and begin development of the flywheel system for the Smart Energy Matrix," said finance chief James Spiezio. Beacon jumped 56 cents to $3.43.
PS. Auslöser der steilen Relay war folgende Meldung:
http://www.renewableenergyaccess.com...VAL9-?id=34966
Bereits nach dem großen Stromausfall in Amerika beschäftigte sich Beacon mit diesem Thema.
