BCON - Sector: Utilities --- Industry: Electric Utilities

[Holygrale]

Huge bounce today................

Press Release Source: Beacon Power Corporation


California Independent System Operator Certifies Beacon Power Flywheel Technology for Use in California's Frequency Regulation Services Market
Tuesday January 9, 9:00 am ET


WILMINGTON, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced today that the California Independent System Operator (California ISO), a not-for-profit organization that manages the flow of electricity along California's open-market wholesale power grid, has certified Beacon Power's flywheel technology for use as a frequency regulation resource in the state.
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A letter from Jim McIntosh, Director, Grid Operations for the California ISO, stated: "The California ISO is pleased to certify that the 100-kilowatt high-speed flywheel technology demonstrated by Beacon Power is an acceptable technology for potential use as a regulation resource for the power grid. The test unit at the research facility in San Ramon demonstrated the ability to respond to real-time data from the Energy Management System at the California ISO as well as the test data we supplied. The unit's high-speed response rate and outstanding performance were clearly demonstrated to the California ISO and the CEC (California Energy Commission), and documented in the report provided to the Department of Energy."

McIntosh added that "a commercial size facility would, however, have to be significantly larger to provide a noticeable response to our control signals. A 40-megawatt facility, or two of the plants that Beacon is now designing under a contract to the DOE, could provide a portion of the regulation services required by California ISO. The next step is to install at least a one-megawatt, or preferably a 10-megawatt, commercial facility with two-way communications with the ISO with full integration into our markets, operations, and settlement systems."

"We are pleased that the California ISO has certified that Beacon's flywheel technology can be used for commercial frequency regulation in California," said Bill Capp, Beacon Power president and CEO. "This is another important milestone in implementing our business strategy to be a provider of frequency regulation services. We appreciate the strong and visionary support of the California ISO, and we are also grateful to our other major supporters, the California Energy Commission and the US Department of Energy, whose solid backing was essential to achieving this milestone."

McIntosh cited additional factors relevant to the California ISO's decision: "Due to its very high-speed ramp rate, this technology also has the potential to provide additional transmission grid services of value. As the amount of wind generation and other intermittent renewables increase in the next ten years, the need for high-speed regulation services will clearly increase. Identification and documentation of the benefits of high-speed flywheel systems could form the basis for discussion of (other) grid-connected services and potential compensation for these services. The deployment of this technology for regulation services could also reduce the amount of regulation required from fossil generating plants, which would lower CO2 greenhouse gas emissions."

About the California Independent System Operator (ISO)

The California ISO is a not-for-profit public benefit corporation charged with managing the flow of electricity along California's open-market wholesale power grid. The mission of the California ISO is to safeguard the reliable delivery of electricity, and ensure equal access to 25,000 circuit miles of "electron highway." As the impartial operator of the wholesale power grid in the state, the California ISO conducts a small portion of the bulk power markets. These markets are used to allocate space on the transmission lines, maintain operating reserves and match supply with demand in real time.

[setravis]

Time to buy alternate energy plays....
With Dem's in power and energy this oversold..they are good bottom fishing candidates, I like Beacon Power.....

[Stocky2000]

down 20% on financing news...crazy this will be 1.10 very soon again

[Holygrale]

This one is acting up again, some pretty good volume last couple of days........

[Holygrale]

This one displaying some good volume last couple of days.............

[setravis]

Things are looking up!
Symmetrical Triangle (continuation) Pattern,
With a nice BreakOut! Back above the 200-day MA


52wk Range: 0.74 - 1.57
Volume: 2,268,917
Avg Vol (3m): 725,299

Technicals
Percentage Gainer

Last Price Quote is:
13.35%above 13-day MA
23.55%above 50-day MA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $77.31 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Break above resistance.......

Technicals
Last Price Quote is:
24.71%above 13-day MA
39.81%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $89.37 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

BreakOut above the resistance with strong conviction.......
Another play in energy field is BCON, buy any pullback !!!
Whose T/A is shaping up similar to WWAT.OB

Float (mil) 68.56.......Shares Outstanding (mil) 71.35

Business Overview :
BRIEF: For the three months ended 31 March 2007, Beacon Power Corp.'s revenues rose 36% to $393K. Net loss rose 10% to $3.1M. Revenues reflect an increase in the turnover. Higher loss reflects due to decrease in gross margins, decreased interest income, an increase in research & development expenses and higher depreciation & amortization expenses. The Company is engaged in providing electric utility services. http://www.beaconpower.com/


52wk Range: 0.74 - 1.57
Volume: 6,343,852.......
Avg Vol (3m): 801,116

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
34.15%above 13-day MA
50.41%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $89.37 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[la-onda]

fyi:
One name related to the alternate energy sector that had a stellar second quarter on news that wouldn't seem to move as much as it did was Beacon Power Corporation (BCON). The Company designs and develops advanced products and services to support stable, reliable and efficient electricity grid operation. Their sustainable energy storage technology has been approved for use in providing frequency regulation services in three of the largest open-bid electricity markets in the U.S.
Shares of the Company have gained almost 100% since late May, running from the 75c range to a high on Tuesday of $1.52.
In early May, BCON reported their first quarter numbers. Revenue was reported at $393,000 and a net loss of $3,090,000, or ($0.05) per share, compared to revenue of $289,000 and a net loss of $2,822,000, or ($0.05) per share, in the first quarter of 2006.
During the first quarter of 2007, Beacon Power incurred costs of $1,660,000 in research and development expense, compared to $1,061,000 in the first quarter of 2006. Research and development expense increased primarily due to increased expenses for development materials, increased headcount-related expenses resulting from hiring of engineering personnel and other expenses to support the continuation of their flywheel development and design of their initial frequency regulation facility.
In early June, the Company announced that the PJM Interconnection, a not-for-profit organization that manages the flow of electricity in the world's largest competitive wholesale electricity market, had approved BCON's flywheel technology for use as a frequency regulation resource in its region. The flywheel technology benefits companies by allowing for increased market competitiveness, technology diversity, and the potential for reducing CO2 greenhouse gas emissions.
Noted Bill Capp, Beacon Power president and CEO, in the press release, "Beacon Power's flywheel technology has now been qualified by three of the country's five open-bid electricity markets:
California, New York, and the PJM Interconnection, which collectively serve more than 100 million electricity users. These approvals give us multiple options for where to build our initial frequency regulation plant in 2008."
With the efforts of government and activists to clean up and become more efficient in the energy sector, the name could become one to follow over the coming months as they execute their construction of the regulation plant. Investors would be wise to watch.

[setravis]

Press Release Source: Beacon Power Corporation


Beacon Power Announces Compliance with NASDAQ Continued Listing Requirements
Thursday July 5, 9:00 am ET


WILMINGTON, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, has announced that on July 3, 2007, it received a letter from The NASDAQ Stock Market stating that, because the closing bid price of the Company's common stock has been at $1.00 per share or greater for at least ten consecutive business days, Beacon has regained compliance with Marketplace Rule 4310(c)(4).

 
About Beacon Power

Beacon Power Corporation designs, develops and is taking steps to commercialize advanced products and services to support stable, reliable and efficient electricity grid operation. The Company's primary business strategy is to commercialize its patented flywheel energy storage technology to perform frequency regulation services on the grid. Beacon's Smart Energy Matrix, now in development following the successful conclusion of scale-power demonstrations in two states, is a prototype for a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. 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 or supplying frequency regulation services on a commercial basis; limited commercial contracts for sales to date; the dependence of sales on the achievement of product development and commercialization milestones, including design modifications that Beacon has implemented following a recent malfunction that occurred while testing a prototype flywheel; the uncertainty of the political and economic climate, and the different electrical grid characteristics and requirements of any foreign countries into which Beacon hopes to sell or operate, including the uncertainty of enforcing contracts, the different market structures, 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, especially from companies that are already in the frequency regulation market; possible government regulation that would impede the ability to market products or services or affect market size; the complexity and other challenges of arranging project finance and resources for one or more frequency regulation power plants; possible product liability claims and the negative publicity which could result; any failure to protect intellectual property; retaining key executives and the possible need in the future to hire and retain key executives; the volatility in the stock price of companies operating in the same sector. 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]
or
Gene Hunt, 978-694-9121
[email protected]

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

[setravis]

Things are looking up!
Symmetrical Triangle (continuation) Pattern,
With a nice BreakOut! Back above the 200-day MA

Break above resistance.......

BreakOut above the resistance with strong conviction.......
Another play in energy field is BCON, buy any pullback !!!
Whose T/A is shaping up similar to WWAT.OB

Float (mil) 68.56.......Shares Outstanding (mil) 71.35

In Play: Beacon Power.......
Back in Compliance with NASDAQ Continued Listing Requirements,
and the move north continued !

52wk Range: 0.74 - 1.57
Volume: 6,316,992
Avg Vol (3m): 873,298

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
40.50%above 13-day MA
65.94%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $89.37 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

It's no secret that money is flooding into the alternative energy sector.
A speculative technology startup such as Beacon Power Corp , on the other hand, is likely to be even more volatile, having dropped almost 80% in a little over a year, and now looking as if it is headed into an upswing.

Beacon is not a company that looks particularly attractive fundamentally at the moment.

What, I like about Beacon...
a) A technology for which I can see applications not only 20 years down the road, but now.
b) Research and development partnerships with one or a couple of reputable entities out of which a steady flow of good news streams out...in this case the US Department of Energy and the states of California and New York.
c) Low trading volumes and no upside momentum, which provides plenty of attractive entry points.

Support @ $1.67...1.21...1.15
Resistance @ $2.01...2.37


52wk Range: 0.74 - 1.64
Volume: 6,093,336
Avg Vol (3m): 973,929

Technicals
Most Actives
Percentage Gainer
MACD is Bullish
Stochastic is Bullish

Last Price Quote is:
50.74%above 13-day MA
83.59%above 50-day MA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $89.37 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

Below are the  6 month, 2 year and 3 year charts.......

[Holygrale]

Wow, that was fun, .80 cent gain in 3 weeks...........

I jumped out near the close.........

Volume is everything........I rode this the summer of 2005 like others might have, it sure is nice to see her alive again............

Hopefully some news will sustain this run..............

[setravis]

Now how about that move.......
Closing in on the "Golden Cross"!

52wk Range: 0.74 - 1.85
Volume: 9,671,604
Avg Vol (3m): 1,066,760

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
73.22%above 13-day MA
119.08%above 50-day MA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $131.22 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

News is overdue.......any news and were off to the races.
Extreme bullish moneyflow.
Looking very good...tomorrow could be a very interesting day!
All JMHO of course...

Support @ $1.21...1.08
Resistance @ $1.92

Recent CandleStick Analysis
Very Bullish
Jul-11-2007 Homing Pigeon


52wk Range: 0.74 - 2.37
Volume: 3,188,800
Avg Vol (3m): 1,714,940

Technicals
Last Price Quote is:
24.94%above 13-day MA
68.22%above 50-day MA
RS Rating: 99
MACD is Bullish

Fundamentals
Key Data:
Market Cap (M): $131.22 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

After Hours: 1.90  0.02 (1.06%) as of 5:45PM ET on 07/11/07