Ocean Power Technologies, Inc. (NASDAQ:OPTT)

CAPS Rating: 1 out of 5

The Company develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves.

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Player Avatar 1bravebear (< 20) Submitted: 12/29/2007 5:50:12 PM : Outperform Start Price: $16.84 OPTT Score: -138.14

Ocean Power Technologies, Inc designs and commercializes proprietary energy systems to utilities on the grid and instutitions off the grid in remote locations. PG&E has tapped into wave project. Company reported a loss in 06, but added nicely to cash.

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