DESC

[ramlau]

I sold a buck too early.

Ram


Distributed Energy Raises Guidance for 2005
Monday July 18, 4:09 pm ET

WALLINGFORD, Conn., July 18 /PRNewswire-FirstCall/ -- Distributed Energy Systems Corp. (Nasdaq: DESC - News) today announced revised upward guidance for 2005, forecasting second-quarter and full-year revenue increases compared with a year ago.
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Distributed Energy -- the parent company of Northern Power Systems and Proton Energy Systems, two advanced energy technology companies that merged in December 2003 -- said it anticipates 2005 total revenues to be in the $40 million range, up from its earlier forecast of $30 million and higher than 2004 revenues of $22 million. In addition, the company announced that revenues for the second quarter ended June 30, 2005 are expected to be greater than $10 million, up from $4.3 million a year ago.

"The anticipated improved revenues primarily reflect increased bookings and a growing backlog at Northern Power. For the second half of the year, we also expect to improve margins and have taken further action to reduce operating expenses," said Chip Schroeder, president of Distributed Energy Systems.

"We are raising our guidance because we see positive momentum in our ability to penetrate important distributed power markets, including those in the upstream oil and gas industry and in growing commercial and industrial markets. Our customers want enhanced control of energy resources and costs made possible by our on-site/on-grid power systems," he added.

"Even as we are growing bookings and backlog, we are well aware that our bottom line is not yet where we need it to be. We are making progress toward getting to cash breakeven, which remains our highest priority," Mr. Schroeder said, "and we are committed to the goal of becoming one of the first companies to make money serving the new energy marketplace."

About Distributed Energy Systems Corp.

Distributed Energy Systems Corp. (Nasdaq: DESC - News) creates and delivers products and solutions to the emerging decentralized energy marketplace, giving users greater control over their energy cost, quality and reliability. As the parent company of Proton Energy Systems (http://www.protonenergy.com) and Northern Power Systems (http://www.northernpower.com), Distributed Energy Systems delivers a combination of practical, ready-today energy solutions and the solid business platforms for capitalizing on the changing energy landscape. For more information visit http://www.distributed-energy.com.

This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Statements contained herein concerning Distributed Energy's goals, guidance, future revenue, margins, expenses and profitability, financial sustainability, and marketing arrangements and other statements that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, words such as "anticipates," "believes," "could," "estimate," "forecast," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. Distributed Energy's actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors. Distributed Energy disclaims any obligation to update these forward-looking statements. Factors that could cause results to differ materially from those contained in Distributed Energy's forward-looking statements include, but are not limited to, our failure to perform contracts for customers profitably, complete development of our products, failure of our products to achieve commercial acceptance, our inability to expand our production facilities, manufacture our products at commercially acceptable costs or establish distribution relationships, the impact of competitive products, and other factors detailed in Distributed Energy's Form 10-Q for the quarter ended March 31, 2005, and other filings Distributed Energy may make from time to time with the Securities and Exchange Commission.




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Source: Distributed Energy Systems Corp.

[ramlau]

Level 2 explosion. Damn it.

Ram

[cumulina]

Level 2 explosion. Damn it.

Ram

Yes - me too! 

[Adam]

Earnings are due on August 4th which may keep one wary for holding this long, although it did raise 2005 guidance. Current heavy volume buying may trigger an exhaustion run towards psychological $10 resistance as it starts to develop the early stages of its parabolic form. All three technical indicators are strong - when these develop bearish divergences with respect to price does one need to get worried. A solid Investors Business Daily ranking is an added bonus. The move retains a double top breakout from June 17th on the point-n-figure chart with a price target of $9.50.

[Adam]

On the move

[Pete]

Adam,

Also " Distributed energy gets NY Power Authority Pact" by Dow Jones News Services helped it a bit too. Added some more right after the news @2.04PM. 

Good luck to all holders, specially 3SOF.

P

[aaa]

1-2 year play

[SeeingGreen]

pglum, can you please elaborate some more
on the reasons why you  like this one?

thanks

[stock-kitty]

DESC got hit seriously after Friday's earnings  release.  I think a bounce is imminent.

[setravis]

"DESC" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                  
All history on a stock pick in 1 thread is awesome.                                                    
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                               
Thank You....and good luck with all your trades....make some $$$                   

[LiveLife]

stock-kitty,

DESC has been falling since January of 2006 with a high of $10 and 52 week range of $0.55 - $6.46.

Friday's close of $0.76 with previous close of $1.38 with 44% drop is significant!  Also, Friday's volume of 6.9 million shares is almost 10 times the 3 month average of 733K (can you say "panic selling?"). 

Now the question is - Will DESC rebound from here or experience further drop?

For me, I would like to see some confirming rebound activity before jumping in - IMHO. 

Here's a nice exerpt from setravis' post "Must read":  http://www.3stocksonfire.org/trading/index.php?topic=3822.0

"... buying stocks as they're falling ... can be risky.  Stocks that fall in heavy volume tend to keep falling.  If you try to grab stocks on the way down, you could get cut by the falling knife."

[stock-kitty]

Thx, I'll have it on watch.


Cheers

[LiveLife]

Will recent events change the technicals for DESC?

http://finance.yahoo.com/q?s=desc

[LiveLife]

DESC rebounding off 52 week low with confirming RSI double bottom and MACD conversion from negative to positive.

10MA about to rebound with increasing volume.

Additional gains afterhours.

[nikao]

DESC rebounding off 52 week low with confirming RSI double bottom and MACD conversion from negative to positive.

10MA about to rebound with increasing volume.

Additional gains afterhours.

looks interesting..
are you in Long LiveLife?