3SOF

Holding up and riding along this 50% fibonacci retracement.
Watch it....may be warming up to make another leg up.
Support @ $2.97....2.63
Resistance @ $3.25...3.73...3.94
Stochastic is bullish

Technicals
Last Price Quote is:
-4.59%below 13-day EMA
6.33%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $157.80 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

Looking for a bounce here. 

Opinions?

Classic pump and dump stock.  Would not touch it until it goes back to where it started - somewhere in the $1 to $1.50 range ... whatever that early trendline extended would show

only 1 question comes to my mind, how low can it go ...

Play it again Sam......
Bought BCON @ $2.20

Press Release Source: Beacon Power Corporation


Beacon Power Announces Award of Phase II SBIR Contract for Advanced Flywheel Energy Storage System
Monday October 10, 10:27 am ET 
Receives $750,000 Contract from Air Force Research Laboratory for "Extreme Energy Density Flywheel Energy Storage System" for Space Applications


WILMINGTON, Mass.--(BUSINESS WIRE)--Oct. 10, 2005-- Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable and reliable electricity grid operation, announces that it has been awarded a contract through the Air Force Research Laboratory (AFRL), and co-funded by the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense. The contract, valued at $750,000, is for the preliminary design of a space-based flywheel energy storage system for satellite applications, and is a Phase II award under the Small Business Innovation Research (SBIR) program of the U.S. Small Business Administration's Office of Technology. Beacon announced completion of an associated Phase I project earlier this year.


"We're very pleased to receive this contract from the AFRL and DARPA," said Bill Capp, Beacon Power President and CEO. "This project is not only an important step toward expanding the applications for flywheels, it will also help us develop key technical innovations that can reduce the cost of future commercial systems. Our primary focus continues to be the development of systems for power grid frequency regulation, based on our Smart Energy Matrix design. I believe that the work associated with this project holds significant promise for further commercial applications of our technology, both on the ground and in space."

"I congratulate Beacon Power and its employees in Wilmington on receiving this SBIR Phase II award and wish them success in executing this important contract," said U.S. Representative John F. Tierney (D-MA). "The SBIR grant program has been utilized in this state and region as a means to advance technology, create job opportunities, and move specific important projects from the drawing board to production. It is an example of government/private partnership investments that help America maintain a competitive edge."

Under terms of the contract, Beacon will lead a 15-month technical effort involving researchers and scientists from Goodrich Space Flight Systems, Optical and Space Systems Division, Goodrich Corporation; Purdue University; and Texas A&M University.

Flywheel energy storage systems have the potential to be used in a variety of space-based applications, including providing power to low-earth-orbit satellites during the 30 minutes these satellites orbit in darkness and their solar panels cannot provide power. Compared to electro-chemical (battery) alternatives, a flywheel-based system is expected to be more reliable, have a much longer life, be able to be charged and discharged constantly, and deliver higher performance even under extreme temperatures - all significant advantages for space applications.

About Beacon Power

Beacon Power Corporation designs sustainable energy storage and power conversion solutions that would provide reliable electric power for the utility, renewable energy, and distributed generation markets. Beacon's Smart Energy Matrix is a design concept for a megawatt-level, utility-grade flywheel-based energy storage solution that would provide sustainable power quality services for frequency regulation, and support the demand for reliable, distributed electrical power. Beacon is a publicly traded company with its research, development and manufacturing facility in the U.S. For more information, visit www.beaconpower.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995:

Material contained in this press release may include statements that are not historical facts and are considered "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Beacon Power Corporation's current views about future events and financial performances. These forward-looking statements are identified by the use of terms and phrases such as "believe," "expect," "plan," "anticipate," and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from Beacon Power Corporation's expectation. These factors include: a short operating history; a history of losses and anticipated continued losses from operations; a need to raise additional capital combined with a questionable ability to do so; conditions in target markets; no experience manufacturing any product on a commercial basis; limited commercial contracts for sales to date; little experience managing operations in geographically dispersed locations; the dependence of sales on the achievement of product development and commercialization milestones; the uncertainty of the political and economic climate of any foreign countries into which Beacon hopes to sell or in which it operates, including the uncertainty of enforcing contracts and the potential substantial fluctuation in currency exchange rates in those countries; significant technological challenges to successfully complete product development; dependence on third-party suppliers; intense competition from companies with greater financial resources; possible government regulation that would impede the ability to market products; possible product liability claims and the negative publicity which could result; any failure to protect intellectual property; the possible need in the future to hire and retain key executives, particularly in light of the substantial workforce reductions during 2001 and 2002; the recent volatility in the stock price of companies operating in the same sector; the difficulties that often arise in integrating operations of companies after a merger or acquisition; the power of controlling shareholders and the limited ability of others to influence the outcome of matters put to the vote of shareholders. These factors are elaborated upon and other factors may be disclosed from time to time in Beacon Power Corporation's filings with the Securities and Exchange Commission. Beacon Power Corporation expressly does not undertake any duty to update forward-looking statements.



--------------------------------------------------------------------------------
Contact:
     Beacon Power Corporation
     James Spiezio, 978-694-9121
     [email protected]



--------------------------------------------------------------------------------
Source: Beacon Power Corporation

News out this morning.
I'M speculating on a run north! 

Up and moving....

Anyone heard any news from the tour?  Today, Oct. 19th, was the day.

Stock is moving up but sure would like to see some volume!

Quote from: lbotez on October 19, 2005, 07:41:00 PM
Anyone heard any news from the tour? Today, Oct. 19th, was the day.

Stock is moving up but sure would like to see some volume!

I haven't been able to find anything on it.
Maybe we will see a release of some news on this subject tomorrow.

The 5 Min chart for this week shows a symmetrical triangle formation with an upside price target of around 2.85 - keep an eye out for a break above 2.55 tomorrow or friday, though it could also pull back to the ascending trendline again. 

Not sure whether this is on any news, but the downward trend seems to have been  broken for now.  The triangle could break to the downside as well, so keep an eye out for any intraday break below the ascending trendline.

Happy trading 

pullback to ascending trendline today - may make a go for it tomorrow 

10 day chart:

Applaud your work ScottishTrader!
We need a few more heads in here giving their take on what's what.

********************************************************************
• BEACON POWER CORP Files SEC form 8-K, Entry into Material Agreement, Financial Statements and Exhibits
EDGAR Online (Thu, Oct 13)

News Link:    http://finance.yahoo.com/q/h?s=BCON

********************************************************************

Press Release Source: Beacon Power Corporation


Beacon Power Demonstrates Scale-Power Smart Energy Matrix for California Energy Conference Attendees
Thursday October 20, 3:27 pm ET


WILMINGTON, Mass.--(BUSINESS WIRE)--Oct. 20, 2005--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable and reliable electricity grid operation, has announced that its first scale-power Smart Energy Matrix system, recently installed in California, was demonstrated on October 19, 2005, as part of an international energy storage conference. More than 70 attendees of the International Electrical Energy Storage Applications and Technologies (EESAT) conference toured the installation in San Ramon and were able to get a close look at Beacon's new system in operation.
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The attendees, representing electric power utilities from the U.S., Canada, Europe, and Asia, as well as government agencies, universities, industry analysts, and manufacturers, witnessed performance tests whereby the system successfully received and automatically responded to pre-recorded signaling, transmitted remotely from Beacon Power's Massachusetts facility. The test signals that were used reflected a wide range of possible ISO-generated commands, requiring that the flywheel matrix be fully charged and fully discharged multiple times, with various steps in between. In addition, the system's operating interfaces, data acquisition capabilities, and remote monitoring software were also graphically demonstrated.

"This was a great opportunity to show a highly informed audience the potential for flywheel energy storage to play a key role in grid reliability," said Bill Capp, Beacon Power president and CEO. "This first Smart Energy Matrix thus far has been running well and operating as expected, and we're very pleased with its responsiveness and performance. We look forward to the next major milestone: live ISO-generated signaling and formal acceptance testing with the customer in December."

Beacon's scale-power flywheel-based energy storage system, which was built under contract to the California Energy Commission, in collaboration with the U.S. Department of Energy (DOE) and the California ISO, is designed to demonstrate the feasibility of providing highly responsive and cost-effective frequency regulation services for the electricity grid. This demonstration Smart Energy Matrix has all the functionality of the planned commercial system at a 1/10th power scale. The system is installed at the Pacific Gas & Electric Distributed Utility Integration Test (DUIT) site, where the country's first integration testing of commercial-grade, utility grid-interactive distributed energy resources is being conducted, including Beacon's system.

Beacon Power continues to make progress building a second scale-power Smart Energy Matrix demonstration system, under contract to the New York State Energy Research and Development Authority (NYSERDA). This system, developed in collaboration with the U.S. Department of Energy and the New York ISO, is planned for delivery to a grid-connected industrial site in Amsterdam, New York, before the end of 2005.

seeing some action also... a change maybe 
+14.34%.......Volume @ 4,750,089

Quote from: setravis on October 10, 2005, 10:45:33 AM
Play it again Sam......
Bought BCON @ $2.20

Press Release Source: Beacon Power Corporation


Beacon Power Announces Third-Quarter 2005 Results
Monday November 14, 6:11 pm ET


WILMINGTON, Mass.--(BUSINESS WIRE)--Nov. 14, 2005--Beacon Power Corporation (Nasdaq: BCON - News), a company that designs and develops advanced products and services to support more stable and reliable electricity grid operation, today announced its financial results for the third quarter ended September 30, 2005.


For the third quarter of 2005, Beacon Power reported revenue of $304,064, compared to revenue of $80,902 in the third quarter of 2004, an increase of $223,162, or 276%. Revenues for the nine months ending September 30, 2005, were $1,258,503, compared to $264,793 for the same period in 2004, an increase of $993,710, or 375%.

Beacon Power reported a net loss of $2.1 million, or ($0.04) per share, compared to a net loss of $1.9 million or ($0.04) per share for the third quarter of 2005 and 2004, respectively, representing an increase of approximately $0.2 million or 16%.

For the nine months ended September 30, 2005, the Company reported a net loss of $6.2 million or ($0.13) per share, compared to a net loss of $6.3 million, or ($0.14) per share for the nine months ended September 30, 2004, which represents a decrease of approximately $0.1 million or 2%.

In the third quarter of 2005 a one-time charge of $0.7 million for costs relating to the proposed acquisition of NxtPhase T&D Corporation was expensed. The Company now believes it is unlikely that this transaction will be completed and, as such, has recorded this expense for its previously capitalized direct merger costs.

Beacon Power ended the third quarter of fiscal 2005 with approximately $3.4 million in cash and cash equivalents. This amount includes $3 million recently invested by Perseus 2000 Expansion, L.L.C.

Subsequent to the end of the quarter, on November 8, 2005, the Company raised approximately $15 million, before expenses of approximately $0.8 million, from ten institutional investors in a private placement. The Company expects to use the proceeds to begin development of its Smart Energy 25 flywheel, which is a key component of the Company's Smart Energy Matrix system for frequency regulation.

"The recent investment of $15 million in Beacon is a vote of confidence by the investment community in our technology, our products and our people," said Bill Capp, Beacon president and CEO. "During the quarter we shipped and installed our first Smart Energy Matrix demonstration system in California, and on October 7th we were awarded a $750,000 contract from the United States Air Force Research Laboratory and the Department of Defense's Defense Advanced Research Projects Agency to design a flywheel for space applications.

"By continuing to pursue research and development contracts while simultaneously developing our next-generation flywheel system, we can add revenue, improve our technology, expand our energy storage product offerings and provide greater value to shareholders," Capp added.

About Frequency Regulation

One of the most challenging aspects of today's electricity grid is that the amount of power generated and the amount consumed must be in exact balance at all times. When imbalances occur, the frequency of electricity (60 hertz in the U.S.) that end users require will not be maintained, which adversely affects grid stability. The constant balancing of power demand and production to maintain a stable frequency is called frequency regulation. Beacon's Smart Energy Matrix is a flywheel-based energy storage system that is intended to be a long-life, environmentally friendly solution for frequency regulation, with no fuel consumed and no emissions generated. More details, along with an informative animated presentation, are available at www.beaconpower.com.