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Monday, December 12, 2005


Alternative Energy



ENER
Energy Conversion Devices looks to be a profitable choice in alternative energy. They have profits ($1.39 eps) and growing sales +/- 5%. The company has had recognition for its LiIon Battery technology. Short term trouble is the growing short ratio, which says more people are shorting the stock. However, long term investors may be better off with a stock that makes profits thatn an upstart with interesting technology.

Many others like SunPower (SPWR) do not seem to have the business to stay on top of the game, especially if their patents don't last until their business takes off.

Another company I am worried about is Electro Energy Inc (EEEI), a company that makes replacement NiCAD batteries for cars. I think that military contracts help, but are not an indicator that the business will do well. Panasonic is a major competitor and the current provider of batteries for the Toyota's Prius. I hope to find out if Toyota may use Lithium Ion Batteries soon.

The surfing world is continually trying to improve the sustainablity of the world. Surfer's that are giving to social projects like Malaria eradication:
SurfAid International
Surfer's Path
location of dolphin surf pic by Josh Kimballon the Surfer's Path web site

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