 |
|
|
|
|
 |
|
|
|
|
2006-01-05
Energy Technology Stocks Slip in Fourth Quarter
The Distributed Energy Stock Index (DESI) Ends Year With Positive Momentum
For Immediate Release - January 5, 2006
Contact: Jamie Wimberly - (202) 483-4443
Washington, DC … The Distributed Energy Financial Group LLC (DEFG, www.defgllc.com), a specialized consulting and financial services firm focused on the energy technology sector, released the Q4 2005 results today of the Distributed Energy Stock Index (DESI, pronounced Deh-Zee like "Desi" Arnez). The DESI decreased by 7.8 percent in Q4 but ended the year positively.
"After a stellar third quarter, with the DESI increasing over 15 percent, it really comes as no surprise that the DESI fell into line with overall market trends and softened in the fourth quarter," stated Jamie Wimberly, CEO of the Distributed Energy Financial Group. "The DESI still had a good year, and 2006 should be even better. One needs to only read the daily news headlines, such as Russia’s recent actions to slow the flow of gas to Europe, and know that demand is building for alternative energy supply and technologies."
The DESI is comprised of five segments and 27 publicly traded companies with a heavy emphasis on pure plays in the energy technology sector. The segments performed in Q4 as follows:
- Prime Movers: + 5.7 %
- Power Quality and Storage: - 14.6 %
- Renewable Energy: - 11.2 %
- Demand and Metering: - 9.3 %
- Enabling Technologies: - 23.8 %
The DESI leaders and laggards in Q4 were:
- Evergreen Solar (ESLR) + 14.1 %
- Cooper Cameron (CAM) + 12.0 %
- Intergraph Corp. (INGR) + 11.4 %
- Beacon Power (BCON) - 38.0 %
- O2 Micro International (OIIM) - 35.3 %
- Quantum Fuel Systems (QTWW) - 34.6 %
DEFG © 2006. Through the issuance of this press release, DEFG is not giving investment advice or any other advice. |
|
|
|
 |
|
|
|
|
.jpg)
