Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1

I suggest you do some historical reading on this board, on the L'union board, and some old press releases.

I can say the same thing about CREE as well. This is all de ja vu.

I will state for a fact that the 2g wire was suppose to be the impetus for AMSC to penetrate the market. I don't recall what ate for sure, but I believe 2003/2004, AMSC would be rolling out x miles of wire, blah, blah, blah.

Belief and fact are not always the same. The history is simple to investigate. Even simpler if you lived through it.

As for the present, maybe this time it is different. Maybe this time AMSC is really going to penetrate the wire market. Then again, their power switching business was suppose to be big by now, and the Navy engine project was suppose to be a break through, etc.

CREE is probably the most palatable of this sort of situation. In 1999 the Blue Laser and Power switching were right around the corner, and the new power conducting acquisition may be the most important event in the history of the company. Every year the same promise.

AMSC is similar, and I just could not help but note that exactly what is being stated now about AMSC was stated 5 years ago and even longer. You don't believe me, you don't have to. Read the historical record. The Fool has some good historical posts.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.