March 18, 2010 ndash; Citron Research wrote a daftly named article, in an attempt at wit, naming it ldquo;American Superconductor (Nasdaq:AMSC) ndash; ldquo;One Product + One Customer + One Country = Many Problemsrdquo; this week, basically telling us all that American Superconductor is a one-trick pony and, caveat emptor. We couldnrsquo;t disagree more, and think the criticism is misleading at best. To be sure, Sinovel has been the lionrsquo;s share of American Superconductorrsquo;s business in recent years. But this year, look for about 10 to 12 other wind companies (including Wikou, Fuhrlauml;nder AG, Doosan, CSR-ZELRI, AAER, Ghodawat Industries, TECO, Model Enerji, XJ Group, Hyundai Heavy Industries, INOX Wind and Shenyang Blower Works) to come online and into production in the Asian markets with American Superconductor. This is going to dramatically diversify AMSCrsquo;s wind business. By the way, the Sinovel relationship is still one very much worth having. The author writes: ldquo;Oddly ...

March 3, 2010 ndash; Option Strategy Updates ndash; We have been advocates of using options as a way to both hedge against downside risk in the current choppy environment,nbsp; as well as a prudent strategy for planning entrance points (at lower levels) for stocks you, or in this case, we, would like to own. In addition, the strategies have also worked out to be pretty solid trades all the way around. Here is our update: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; American Superconductor (Nasdaq:AMSC) is a company we would love to own at lower prices. It is a leader in growth industries: wind infrastructure, smart grid infrastructure. It operates in a growth market: China.nbsp; It is set up to expand into other growth industries and expansive markets: utility scale solar, offshore wind and the U.S., respectively. On February 25, we advocated selling the July 25 puts for $2.45. The stock has since move higher and ...

February 3, 2009nbsp; - Analyst Comments ndash; Jesup amp; Lamontrsquo;s Brian Yerger reiterated his HOLD rating on American Superconductor (Nasdaq:AMSC) after the company reported Q308 results, noting that despite pressure on global credit, it is benefiting from ldquo;favorable market positioningrdquo;: Key Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Companyrsquo;s wind business is located in China middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; The U.S. power grid will could be a large revenue driver under the Obama administrationrsquo;s economic recovery package middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Confidence in quarterly financial performance is low middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Valuation parameters will remain conservative, and current valuation reflects a premium middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Adjusted Q4 revenue estimate to $58.8 million from $54.8 million bringing FY08 revenue estimate to $180.3 million from $174.7 million. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; EPS estimate for Q4 lowered to $0.01 and FY08 EPS increased to ($0.41) from ($0.04). middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; FY09 revenue estimate unchanged at $232.1 million while FY09 EPS reduced to $0.02 from $0.04 pa href="http://feeds.feedburner.com/~a/smallcappulse/feed?a=ZmjKfi"img src="http://feeds.feedburner.com/~a/smallcappulse/feed?i=ZmjKfi" border="0"/img/a/p

February 3, 2009 - American Superconductor (Nasdaq:AMSC) reported Q3 earnings that were slightly better than expected as management cited strong bookings for its D-VARreg; Smart Grid products, which represented more than 65% of total revenue: Key Financial Highlights middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Q3 loss of $7.8 million, or $0.18 per share, middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Q3 revenues of $41.3 million, up 27% Y/Y, but up only 2.4% sequentially, nbsp; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Power systems revenue was $38.2 million an increase of 7.5% over the prior quarter, while superconductor revenue slipped 36% to $3 million, middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Gross margins at 23.9%, down from 30.9% for the same period last year. This is the third straight quarter of gross margin compression, middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Backlog of $602 million,nbsp;nbsp; Guidancenbsp;nbsp; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Q4 guidance of GAAP profit middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; FY08 guidance ndash; revenue in range of $175 million to $182 million with net loss in range of $17 million to $18 million, or $0.40 to $0.42 per share. EBITDAS in range of ...

November 4, 2008 – The global wind industry installed almost 20,000MW of new capacity in 2007, bringing the worldwide total to 93,864MW. The global wind market added 19,813MW from 2006 to 2007, a 26% increase. From an economic perspective the global wind market in 2007 was worth about $37 billion in equipment and it garnered about $50.2 billion of total investment. Top Five Countries in Terms of Installed Capacity in 2007 1.     Germany (22.3GW) – the Germany Wind Energy Association says that by 2020 the overall German onshore capacity could be at 45,000MW with an additional 10,000MW offshore; 2.     U.S. (16.8GW) – as of the Q3, 2008, the U.S. had 21GW installed capacity with another 8.3GW under construction, and the U.S. is expected to overtake Germany as the leading wind energy country by the end of 2009; 3.     Spain (15.1GW) – The Spanish Wind Energy Association estimates that 40,000MW of onshore ...

We discussed this name earlier this week as a wind play... [Jun 10: American Superconductor (AMSC) with $450 Million Follow up Order from China]Much like Energy Conversion Devices (ENER) (which I highlighted in early May in the upper $40s, and is now in the mid $60s) this has been a "hope" company for a long time - long on promise, but short on execution. [May 8: Energy Conversion Devices - Is the Turnaround Finally Here?] But we've seen how the ship has appeared to come in for ENER, and perhaps the ship is coming in for controversial AMSC as well. They received a huge follow up order today. This appears to be a 3 year contract for $450 million. Considering the company is only doing under $200 million in revenue in total this year, the magnitude of this contract is enormous for this size of ...