Alternative Energy Gets Real… Business Week On-Line Article Dec.
Excerpts:
Many of the leading companies supplying the technology to produce renewable energy still aren't profitable. Often the pros are divided on just which are the leading companies. In fact, today's renewable business is reminiscent of the computer industry in the early 1980s, "when no one knew who the winners would be," says Carsten Henningsen, chairman of Portfolio 21, a mutual fund that invests in environmentally conscious companies. That's why many analysts and fund managers recommend investing in a number of companies. "People should try to pick companies positioned to be winners," says Henningsen
A buy-and-hold strategy may be the best strategy for cashing in on the alternative-energy boom. Eventually, he expects one or more of the renewable energy stocks to hit it big.
Our comment:
AEHI CEO says; don’t get too caught up in the environmentally conscious message that you miss whether the company’s projects have any real profit potential.
November 21, 2006: AEHI has contacted purchase candidate nuclear power plants in an official capacity. Final plant selection and negotiations are projected to begin by January 2007
CLINTON'S RENEWABLE ENERGY FUND: Former President Bill Clinton announced the launch of an investment fund expected to raise more than $1 billion for renewable energy. The announcement, made on the last day of his Global Initiative Conference, is expected to have a very positive effect on the energy market and Alternate Energy Holdings’ objectives.
September 25, 2006: Alternate Energy Holdings (AEHII:PK) opened trading on Friday, September 22, at $0.38 and closed Monday, September 25, at $2.00. Marked interest and enthusiasm for AEHI as a developing solution to dependence on foreign oil is predicted to continue this stock’s upward trend.
Alternate Energy Holdings, Inc. began trading September 20, 2006 on Over the Counter (OTC) exchange. The trading symbol is AEHII. More information to follow.
Alternate Energy Holdings, Inc. completed its merger with Nussentials Holdings, Inc. (NSHG:PK), on September 13, 2006.
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