DEFG's Distributed Energy Stock Index (DESI) Slides and then Begins Slow Recovery in Q3 2006.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 spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. 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), and 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 decreased 3.8 percent. The DESI began the quarter with a steep slide carried over from Q2, but began a slow recovery beginning in mid-July which continues going into Q4. "At the beginning of Q3, the DESI was still working off the irrational exuberance Irrational Exuberance An infamous phrase uttered by Alan Greenspan in 1996 to describe the overvalued market at the time. Notes: Although every word spoken by Mr. due largely to speculation, media hype hype 1 Slang n. 1. Excessive publicity and the ensuing commotion: the hype surrounding the murder trial. 2. , and the record high oil prices that are now receding," 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. "But the DESI seems to have settled down and is growing again. If the pattern holds from last year, the DESI should be in positive territory again in Q4, and the index has the potential for very good results in Q1 and Q2 of 2007." The DESI is comprised of six market segments. The majority of DESI segments recorded decreases in Q3, with the alternative fuels segment recording the sharpest drop of 11 percent from Q2. The power quality segment showed countervailing strength in Q3 and recorded an increase of 10.5 percent. "The DESI was designed to capture the interaction and integration of all the pieces of the alternative energy puzzle to reflect a full value proposition from the customer perspective," CEO Wimberly stated. "As a result, the DESI actually fared much better than some of the green indices that focus on a narrower, and perhaps more speculative, slice of the market." The DESI company leaders and laggards for Q3 were: Intergraph Corp. (INGR) + 36.2 % Magnetek (MAG) + 28.1 % Medis Technologies (MDTL) + 21.8 % SatCon Technology (SATC) -46.0 % Hydrogenics Corporation (HYGS) -44.5 % Quantum Fuel Systems Tech (QTWW) -41.8 % DEFG [c] 2006. Through the issuance of this press release, DEFG is not giving investment advice or any other advice. |
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