DEFG's Distributed Energy Stock Index (DESI) Reaches New High, Up 5.5% in Q3.WASHINGTON -- The Distributed Energy Financial Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (DEFG, www.defgllc.com), a specialized consulting and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm focused on the energy technology sector, released Q3 results today of the Distributed Energy Stock Index (DESI, pronounced Deh-Zee), an index of 42 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in the alternative energy space. For Q3, the DESI increased 5.5 percent. The DESI has posted four consecutive quarterly gains, a 32 percent gain from one year ago. "Coming out of Q2 and at the beginning of Q3, the markets were undergoing an adjustment and the DESI lost some of its value," stated Jamie Wimberly, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Distributed Energy Financial Group. "However, the DESI has posted strong growth during the past six weeks and a gain for the third quarter. The gap between the DESI and the Russell 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. is widening." The DESI is comprised of six market segments. The Prime Movers The Prime Movers were a blues band based in the Detroit area, formed in 1965. Robert Vinopal left soon after the band's formation and was replaced by Jack Dawson. James Osterberg, who would later be known as Iggy Pop, took over the drums not long after. segment and Demand Management segment showed the best growth in Q3.
The DESI company leaders and laggards for Q3 were: <
<
Echelon Corporation (ELON) <
+ 60.0 %
Beacon Power Corp. (BCON) <
+ 56.3 %
O2Micro International (OIIM) <
+ 39.7 %
<
Electro Energy Inc. (EEEI) <
- 72.7 %
Environmental Power Corp. (EPG) <
- 40.8 %
Fuel-Tech Inc. (FTEK) <
- 35.5 %
<
DEFG (c) 2007. Through the issuance of this press release, DEFG is not giving investment advice or any other advice. |
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