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Satcon Technology Corporation Message Board

  • mimmish25 mimmish25 May 6, 2010 10:08 PM Flag

    WHAT'S THE PROBLEM?

    The earnings (or lack of), the revenues, the backlog all validated the guidance. Satcon's sales are gonna be at least $120 million this year, and may double again in 2011.

    Ruby Falls was great, though I was a little nervous about the decrepit elevator that took us 1000 feet down inside the mountain. Nice stalagmites, stalactites, caves, etc. Did not see a chair lift or visit the aquarium.

    May not have to go to Atlanta again. Bankers weren't very accomodating to this businessman who has 36 restaurant franchises. In the world of debtor workouts, character counts for everything. And the guys from the banks just didn't like what they saw and heard from this guy. Sadly, nearly 1500 people could lose their jobs.

    Horrible plane ride, but it's great to be home even though we've got ants in the kitchen, much to the enjoyment of our cats.

    If the market gets hammered again tomorrow, I'd like to pick up another 10,000 shares around $2.30.

    Don't worry. Be happy!

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