Archive for October, 2008
WLAN semiconductor market is pegged to surpass $4 billion
Tuesday, October 21st, 2008While diminishing memory chip price points continue to hinder growth of the overall semiconductor industry and research firms including iSuppli cut ‘08 chip forecasts as the sector finally starts feeling the pinch of a weakening global economy and decreased consumer spending, connectivity is emerging as its saving grace. (more…)
Legacy Holding, Inc. Successfully Applies Proprietary Drying Technology to Solar Cell Production in Taiwan China
Tuesday, October 21st, 2008Company Firmly Believes That the Technology Has Enormous Market Potential, Worldwide
FREMONT, Calif., Oct. 21, 2008 (GLOBE NEWSWIRE) — Legacy Holding, Inc. (OTC BB: LGYH) announced today that the wet process sequence designed by Legacy Systems and operated by Jing Solar of Taiwan has successfully met all manufacturing requirements and is now in high volume production.
WLAN Semiconductors a Hotbed for Industry Growth.
Tuesday, October 21st, 2008
While diminishing memory chip price points continue to hinder growth of the overall semiconductor industry and research firms including iSuppli cut ‘08 chip forecasts as the sector finally starts feeling the pinch of a weakening global economy and decreased consumer spending, connectivity is emerging as its saving grace.
IDC reported today that the worldwide WLAN semiconductor market is pegged to surpass $4 billion in annual sales by 2012 with a CAGR of 22.8%.
Moreover, while PCs are expected to remain the numero uno WLAN application, mobile phone apps are anticipated to grow at a CAGR of 49.3%. With regard to major growth drivers, the latest edition of 802.11 alphabet soup technology – 802.11n technology – is expected to lead the way.
In other recent semiconductor industry news:
The SIA recently stated that the ongoing credit crisis is absolutely hurting demand for semiconductors. The association also insinuated that when it releases its annual industry outlook on 11/9, the report won’t be pretty;
Fairchild and Alpha & Omega settled their legal patent dispute and entered into a cross license agreement;
Piper Jaffray upgraded its rating on Volterra Semiconductor (NASDAQ: VLTR) to “Buy” from “Neutral” largely due to a surge in 3rd quarter profits and high expectations for the company’s new server platform product offering; and
Legacy Holding, Inc. (OTC BB:LGYH.OB – News) announced that it has successfully applied its green semiconductor wafer drying technology to high volume solar cell production and proven its ability to drastically cut manufacturing times for suppliers.
Check Out Our Profile on AFTC.PK!
Monday, October 20th, 2008Our introductory corporate profile on Alternative Fuels Technologies Inc. (AFTC.PK) is now available on our site. If you want to know why this deal is one of our favorites for 2009 and beyond, you’ll have to read it. But for starters, I’ll give you my brief conclusion on the the company and its future potential.
From the report:
`Due to the company’s position as an emerging global leader in an infant marketplace poised to soon become one of the world’s largest clean energy industries, we feel that AFTC represents a unique and compelling ground-level investment research opportunity.”
Zevotek, Inc
Monday, October 20th, 2008Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the websites www.zevo-tek.com and www.ionic-bulb.com.
Solar Power International Conference in Review
Friday, October 17th, 2008
This year’s Solar Power International conference attracted 22,500 attendees from over 70 countries beating last years tally by 10,000. The conference offered a platform for industry leaders and politicians to express their views and ideas on where the solar industry is headed and what needs to happen for the industry to thrive in this economic crisis.
Although the overall consensus seems to be optimistic, some major players in the industry like First Solar (Nasdaq: FSLR) CEO Michael Ahearn stated that they are concerned that the country’s current financial crisis, which is spreading like the plague internationally, will have immense detrimental affects on the cost of producing solar power systems.
In contrast Ahearn also believes the recent tax credits that provide utility companies, businesses and homeowners for installing solar energy systems will benefit his company and other solar companies to branch out in the United States.
Even with our current economic condition possibly being the worst our country has seen since the great depression, a view shared by many economists, I believe we still need to focus on solar energy and other renewable energies that will ultimately preserve our environment a sentiment California’s governator Arnold Schwarzenegger shares as well. This being said, we need to look to our government officials to develop and execute with precision plans that will simultaneously harvest economic growth and provide renewable energy and green technology companies with affordable funding.
Let me wrap things up by filling you in on some note worthy developments in the Solar space
• GT Solar (NSDQ: SOLR) announced a $46.8 Million contract with Top Green Energy Technologies last Thursday to provide the Taiwan-based producer of solar cells with polysiliconLDK Solar (NYSE: LDK)
• Sun Power Corp (NASDQ: SPWRA, SPWRB) also reported on Thursday third quarter net income of $22.4 million up from $8.4 million from the same quarter last year and total revenues for the third quarter of $377.5 million up from $234.3 million the same quarter last year.
• However, not all of the solar-related news hitting the wire the news was so bright last week. Evergreen Solar Inc. (NSDQ: ESLR) a Marlboro, MA-based company announced Thursday a net loss of $23.9 million for the third quarter as opposed to a net loss of $3.7 million in the same quarter last year despite an increase in third quarter revenues of 21% to $22.1 million.
AFTC: Make That 7
Wednesday, October 15th, 2008
In case you missed it, AFTC.PK revised their initial press release yesterday morning and the corrected version was actually much stronger than the original.
Announcement #1 noted that AFTC.PK expected to ship 4 DME fuel pumps to a Korean entity in 2008. The second release went on to note that the company has actually already shipped 7 pumps to Korean Institute for Energy Research. So, essentially the subsequent release was stronger in three key ways:
#1 The pumps were in fact shipped rather than being scheduled to ship in ‘08;
#2 The number of pumps relevant to the contract was 7 rather than 4;
#3 The end-user was identified as the Korean Institute for Energy Research versus “a Korean entity“.
In my experience, a revised release usually means that the first one was too aggressive or potentially misleading, so it’s great to see that management actually felt the need to make 3 changes for the better.
On another note, AFTC.PK recent updated their site with a detailed Q&A on DME. This is definitely worth a read! Another thing that will certainly be worth a read is our profile on AFTC.PK. Check back tomorrow morning for that, folks.
Check Out Our Profile on AFTC.PK!
Wednesday, October 15th, 2008Our introductory corporate profile on Alternative Fuels Technologies Inc. (AFTC.PK) is now available on our site. If you want to know why this deal is one of our favorites for 2009 and beyond, you’ll have to read it. But for starters, I’ll give you my brief conclusion on the the company and its future potential.
From the report:
`Due to the company’s position as an emerging global leader in an infant marketplace poised to soon become one of the world’s largest clean energy industries, we feel that AFTC represents a unique and compelling ground-level investment research opportunity.”
AFTC: Quenching Korean Fuel Demand
Tuesday, October 14th, 2008
After last week announcing the completion of a contract worth more than $1 million with Volvo AB, Alternative Fuel Technologies Inc. (OTCPK: AFTC) is back with more big news today, a purchase order from a Korean customer for four of its DME fuel pump products.
Given the fact that Korea is completely and utterly reliant on Middle Eastern fossil fuels, this could be the beginning of a very lucrative relationship for AFTC, and potentially make them Korea’s leading supplier of an effective replacement for traditional fuel systems.
Major Opportunity for DME & AFTC in Korea
With a robust propane distribution infrastructure capable of feeding the country’s more than 1 million propane cars, Korea represents an a ideal launching ground for widespread DME fuel adoption. For those of you not in the know, DME can be distributed through pre-existing propane infrastructure. This should help the emerging fuel source overcome one of the main barriers to the widespread adoption of many competing alternative energy sources, including ethanol.
The national government is also taking steps to promote the replacement of conventional fossil fuels with DME and has publicly stated plans to provide 100 tons of the fuel per annum by 2010 and facilitate full-scale use of DME by 2012. Since the emerging fuel source can reportedly be produced at ½ the cost of petroleum fuels when oil is valued at $125 per barrel, both DME and AFTC’s technology are extremely compelling propositions in today’s rough and tumble economic environment.
What is DME?
Dimethyl either or DME is a colorless liquid that can be produced from natural gas, coal, or biomass and can be used as a clean-burning alternative to liquefied petroleum gas, liquefied natural gas, diesel, and gasoline.
Advantages of DME include but are not limited to:
- Non toxic to humans and non damaging to the environment;
- Low CO2 and 90% less NOx emissions than standard automotive fuels;
- Biodegradable and non-corrosive;
- 30% higher fuel economy than gasoline in passenger cars;
- Easily transported and distributed via pre-existing propane infrastructure;
- Can be up to 5X more efficient than traditional fuels.
- Comparable torque and power for DME and Diesel operation
- 75% particulate emissions vs. diesel
- Proven to allow compression engines to meet ’98 California LEV standard without addition of expensive systems; and
- Low engine noise
Going to Cash Could Cost You
Despite a major market rally on Monday, investors still have their collective finger on the sell button waiting anxiously to move their assets quickly to cash if things happen to go south in a hurry again. However, most of the research that I’ve come across lately indicates that heading for ‘greener’ pastures is not historically as profitable a decision as holding tight and weathering the storm.
According to a recent New York Times article that examines a 2005 study conducted by the University of Michigan, “From 1963 to 2004, the index of American stocks tested gained 10.84 percent annually in a geometric average, which avoided overstating the true performance. For people who missed the 90 biggest-gaining days in that period, however, the annual return fell to just 3.2 percent. Less than 1 percent of the trading days accounted for 96 percent of the market gains.”
Timing is Everything
Timing is everything folks, and most investors like ourselves never seem to end up getting back in before the market bounces back. Unless the world disintegrates over the next 5-10 years, a major market rebound is inevitable. Since there indeed is not much upside potential in cash today other than short-term safety, if you have the money, I suggest looking long and hard for value in today’s bargain basement environment.
Business looks to be progressing nicely for AFTC.PK even as the global economy screeched to a halt. An indication of what the future holds for the company? Despite atrocious market conditions these past few weeks, AFTC continues to impress with positive corporate developments.
With aspirations of becoming the global leader in DME fuel system development and a growing global customer base that includes automotive market leaders such as Volvo AB, AFTC.PK is showing a great deal of promise heading into ‘09. Check the OutcastTrader Blog periodically for updated coverage on this and other companies that stand to forever revolutionize our perception of fuel and energy.



