American Superconductor Slides On Citron Research Report

Posted by Eric Savitz

But Citron notes that trouble is brewing in China’s wind market, as the country deals with an over-supply of turbines. The report points to a Bloomberg story which notes that China has idled 40% of its wind turbine factories due to over-capacity; wind turbine prices have reportedly fallen more than 30% from 2004 levels. And it cites a China Daily story which says one Chinese government official believes China is not suitable for wind power generation due to the prevalence of sand storms.

STEC Slips; Analyst Says EMC Qualifying Other SSD Suppliers

“We believe EMC wants to qualify a vendor with direct access to NAND flash memory,”  he writes.

Survey: 39% of BlackBerry Users Would Buy An Apple iPhone