Azure Dynamics Corp AZDDQ

Consumer Cyclical Recreational Vehicles

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.

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Azure Dynamics Corp

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Post by bobo2000on Jun 28, 2005 3:18pm

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Post# 9219947

Oil Price

A recent article on oil prices stated that Morgan Stanley analysts in the U.S.have just raised their target price of crude for 2005 to $50 from $43. As analysts are notoriously followers and not leaders it is likely crude will be averaging much more than this in the coming year and probably more next year unless the U.S. can figure out Iraq. Again this should be good news for AZD but the stock languishes. Please, oh please, lets see some good earnings next quarter.

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Corus reports Q1 profit drop in the face of falling revenue