STOCKCHASE

5.170

(A Top Pick Mar 24/09. Down 9.31%.) Still a Buy.

2010-01-27

PAST TOP PICK

A Comment -- General Comments From an Expert

19.170

(A Top Pick Mar 24/09. Down 19.67%.) Still a Buy.

2010-01-27

BUY

Day4 Energy Inc.

DFE-T

0.800

Early-stage solar panel solar technology provider. There are always risks with early-stage companies such as right management, right business and sufficient cash. This company is bringing new technology to market in how they interconnect panels. Outsourcing so are controlling costs extremely tightly and survived the market downturn very nicely. Starting to wind business again.

2010-01-27

BUY

ZBB Energy Corporation

ZBB-A

1.200

Storage is the Achilles' heel for the ultimate energy market and if you can buffer wind/solar energy and store it, this could be greater than 20%. Zinc bromide is there magic formula. Have been management changes and there could be small company risks.

2010-01-27

TOP PICK

Catch The Wind Ltd

CTW-X

2.620

Early-stage company. Have taken a Lockheed technology and adapted it for the wind turbine market. Forward-looking lasers that can measure wind direction and speed ahead of time. Also have handheld devices for use on yachts. High risk.

2010-01-27

BUY

AAER Inc.

AAE-X (Dead)

0.090

Turbine manufacturer. Have the right partners and are winning their share of contracts. Wind industry is the next leg of clean technology that recovers. Solar has been first. This is a good way to participate with a Canadian company.

2010-01-27

VAGUE

Newalta Corp

NAL-T

5.000

Slow growing company, used to be a trust. Pay a dividend. They are well entrenched with their customers.

2009-07-09

Comment

A Commentary

0.020

Clean Technology is anything that reduces the environmental impact of human behavior. Water, Biodegradable products, alternative energy, Solar, Wind, Environmental, waste management, nuclear. Need to watch regulatory changes. Solar offers most liquidity. Wind is very mature and all the consolidation has already happened.

2009-07-09

TOP PICK

SunPower Corp.

SPWRA-Q (Dead)

23.440

Their solar panels give the most power in a limited space. Utilities need this.

2009-07-09

TOP PICK

5.950

Primary material supplier to First Solar. There are other potential customers lining up. There virtually have no competition. Tremendous balance sheet, lots of cash.

2009-07-09

BUY

26.400

Still really likes it. There is a lots of spending on making the grid more reliable, since 2003. Great runway of backorders. Has been holding its price for a quarter or so. People are waiting to see if they are progressing as much as the stock price says it is.

2009-07-09

BUY

Day4 Energy Inc.

DFE-T

0.610

He us bullish on solar near term. Governments want to spend more on renewable energy. Likes this one. Early stage company, so there is inherent risk. Solar panel producer with novel technology in how they connect to the grid. Executed well on one project. Shrewd operator.

2009-07-09

TOP PICK

ZBB Energy Corporation

ZBB-A

1.110

Energy storage. This is an area they track very closely. They have one installation. Early stage company.

2009-07-09

BUY

Energy Recovery Inc

ERII-Q

6.650

Energy consumption in converting salt water is high. Their technology recovers most of the energy needed for this process. Likes the technology and the price

2009-07-09

WAIT

Raser Technologies Inc.

RZTQE-Q2 (Dead)

2.250

Geothermal is very compelling. Early stage company. He likes some early stage companies. This has some neat technologies; all take a long time to deploy. There will be several years in coming out. This is one you watch.

2009-07-09

SELL

Ballard Power Systems

BLD-T

3.640

(Market Call Minute.) The hydrogen economy is simply not going to happen. They'll have products in the market but it hasn't been fully reconciled yet.

2009-05-27

PAST TOP PICK

Canadian Hydro Developers

11.120

(A Top Pick Dec 3/07. Down 52.55%.) Advantage that it had by being strictly online was controlling costs and running a very tight supply line and taking cash before building. You can now buy competition online as well.

2009-05-27

DON'T BUY

General Electric

GE-N

12.990

Greening themselves as far as their business thrust. The problem is understanding GE Capital, which is more or less a bank. Products are quite good.

2009-05-27

BUY

KHD-T

2.950

Developing a number of projects including about 12 hydro and 7 or 8 wind farms. They are now at the point where they can use their cash flow from existing properties to fund future growth. Have watched this for a while and is warming up to it. Not a bad entry point.

2009-05-27

PAST TOP PICK

Nevada Geothermal Power Inc.

15.520

(A Top Pick Dec 3/07. Down 57.35%.) Flash memory. Would stay out of this.

2009-05-27

PAST TOP PICK

Western Digital

WDC-N

24.810

(A Top Pick Dec 3/07. Down 9.18%.) Hard drive market consolidated 5 or 6 years ago and they stopped being so competitive. ROE is fine and the growth is there.

2009-05-27

DON'T BUY

Westport Innovations

WPT-T

6.500

Manufactures natural gas vehicles. Very active in California and were hoping to get government regulations in their favour to mandate natural gas fleet vehicles but things did not go their way. They will need government support.

2009-05-27

HOLD

Zenon Environmental

ZEN-T

23.970

Great Canadian car story. Low emission and no noise. Well tied to EE Store (?) that is developing a novel energy storage device. They have the exclusive rights for the small car market.

2009-05-27

SELL

Timminco Ltd.

TIM-T (De-Liste

1.380

(Market Call Minute.) They don't have a product yet. Just lost another contract.

2009-05-27

Comment

ProSep Inc.

PRP-T

0.220

Water recovery technology for oil sands operations that can be reused. Massive quantities of water are needed in the oil sands to recover the oil. Have some neat technology and an installed base but the risk is, can they grow the business? He is tracking this one.

2009-05-27

DON'T BUY

NGP-X

0.540

Taps into hot water reservoirs for steam to drive turbines. A number of developers have bought up the rights along fault lines in Nevada and are looking to develop it and ultimately sell the power. Likes geothermal as a category. Pretty well fully valued.

2009-05-27

DON'T BUY

Arise Technologies Corporation

APV-T (Dead)

0.440

Silicon production and solar devices. Doesn't see it inherently benefiting from Ontario's green technology. Had some technical difficulties.

2009-05-27

BUY on WEAKNESS

Ormat Technologies

ORA-N

37.430

A safer place in geothermal power. If you believe this sector is going to grow, this is probably the strongest company globally. Both manufacture and sell equipment used by facilities using hot water as well as operating facilities themselves. Would prefer it in the mid-$20's.

2009-05-27

Comment

First Solar Inc.

FSLR-Q

180.690

Looks like there could be resistance at around $200. If you believe the market starts to have a decent year, a little above last year, this is worth $180-$200. If things really take off is probably a $300 stock. If you believe in solar, there is still upside in this.

2009-05-27

BUY

Suntech Power Holdings Co. Ltd.

6.800

(Market Call Minute.) They supply cadmium telluride, the key material to First Solar (FSLR-Q). Thin-film variety of solar technology and has no silicon in it.

2009-05-27

DON'T BUY

STP-N

15.460

(Market Call Minute.) Have not executed as well as some of the other Chinese solar manufacturers.

2009-05-27

Comment

Hanwei Energy Services Corp.

24.930

Manufacture communication hardware for work in power areas where there is electrical interference. Making fantastic margins. Future is extremely positive.

2009-05-27

BUY

HE-T

1.780

Experts in fibre composites and build oil pipelines and wind turbines. Fture for them is actually pollution control in coal to mitigate sulphur dioxide. Moving aggressively into wind and have started to ship wind turbines. Good outlook. Seemed to be well tapped into the Chinese market. Some risk but not a bad way to participate in China.

2009-05-27

BUY

Day4 Energy Inc.

DFE-T

0.790

Solar installer. Have developed a much more efficient way to connect solar cells giving you more power.

2009-05-27

TOP PICK

ZBB Energy Corporation

ZBB-A

28.860

Energy storage solutions. Wind generated power can only do about 20% without significant waste. Utility grade, large box, energy storage. High risk. Currently bleeding cash but can get to positive free cash flow off their current revenue. If they can win some of their projects they can do extremely well.

2009-05-27

TOP PICK

Catch The Wind Ltd

CTW-X

1.590

Laser-based wind sensor system that go on the top of wind turbines. They sense 100 m out for any change in wind in order to increase efficiency. High risk.

2009-05-27

TOP PICK

Energy Recovery Inc

ERII-Q

7.940

This company dramatically reduces the cost of operating desalinization plants making ocean water into fresh water.

2009-05-27

Comment

Western GeoPower Corp

WGP-X

0.250

Smaller player in geothermal energy and could involve high debt loads. Be careful with it. They're at the early stage.

2009-05-27

SELL

Akeena Solar Inc.

WEST-Q (Dead)

1.180

(Market Call Minute.) Pure play solar installer, which has not worked out.

2009-05-27

SELL

Ballard Power Systems

BLD-T

1.450

(Market Call Minute.) It's been around a long time and has not been a successful business.

2009-03-24

PAST TOP PICK

Cisco

CSCO-Q

16.680

(A Top Pick Jan 23/08. Down 29.3%.) This should be the golden era of the Internet/broadband. Housing bubble and collapse really hurt the deployment. Moving more into the consumer market now. Has the cash to ride out the problems. Still a Buy.

2009-03-24

HOLD

Canadian Hydro Developers

KHD-T

2.690

(Market Call Minute.) Likes what they're doing. Gathering up a lot of renewable energy properties but they are carrying a lot of debt.

2009-03-24

PAST TOP PICK

Arise Technologies Corporation

11.890

(A Top Pick Jan 23/08. Down 55.8%.) Did quite well shortly after he picked it. Horrific 4th quarter. Too much product on the market now.

2009-03-24

HOLD

Westport Innovations

WPT-T

6.140

Using natural gas to power fleet based vehicles. (Thinks there was a ruling in California that went against them.) Have enough cash to tough it out. Getting business around loading docks.

2009-03-24

HOLD

Carmanah Technologies

CMH-T

0.800

(Market Call Minute.) Have a neat little technology. Won't be a hockey stick that goes to the moon but a neat little business.

2009-03-24

Comment

WFI Industries

WFI-T

25.000

Geothermal is a very promising technology. This one does residential thermal. Continued to do well despite the housing collapse.

2009-03-24

Comment

Zenn Motor Company Inc.

ZNN-X

2.160

Pure electric cars made in Quebec. Not allowed on Ontario roads.

2009-03-24

SELL

Timminco Ltd.

TIM-T (De-Liste

2.050

(Market Call Minute.) Can see the viability of this yet.

2009-03-24

TOP PICK

SunPower Corp.

SPWRA-Q (Dead)

23.960

Feels the utility market will be the next big mover for solar. Upfront capital is not what is critical; it is how much power can they produce for what they spend. With these panels you get a lot more power output.

2009-03-24

PAST TOP PICK

Sandvine Corp.

SVC-T

0.660

(A Top Pick Jan 23/08. Down 82.8%.) Political environment got involved as to whether service providers should be allowed to police traffic. May be Trading below cash value now.

2009-03-24

Comment

ProSep Inc.

PRP-T

0.220

Recover industrial wastewater, particularly water used in oil recovery. In the right category and are strongly region based and partnering with groups and have got the traction. Looking to expand globally. This is on his watch list but he wants to see their expansion plans. Consider Nalco Holding (NLC-N) instead.

2009-03-24

DON'T BUY

APV-T (Dead)

0.340

If you are going to have only 1 or 2 clean technology stocks this is not one that should be on your list. Very early days. They are looking to exploit some university research.

2009-03-24

BUY

Ormat Technologies

ORA-N

27.020

Geothermal is a very promising technology but is only practical in certain regions. This is a solid company. Is contemplating this one as the value has improved. Would prefer it in the low $20's.

2009-03-24

BUY

First Solar Inc.

FSLR-Q

129.770

Set out a mandate to be the lowest cost producer of solar panels. Don't use silicon technology but use thin film technology instead. Essentially take a piece of glass and coat a very thin layer of solar material. Not as efficient, but much cheaper to produce. Cost per watt is the lowest in the industry.

2009-03-24

TOP PICK

5.800

Key supplier to First Solar (FSLR-Q) for the thin-film version of the solar panel. Doesn't use sand, but cadmium telluride instead, which is rare and hard to come by. Have a virtual monopoly on this.

2009-03-24

TOP PICK

Energy Conversion Devices Inc.

24.500

Niche market in making communication gear that works in power substations.

2009-03-24

SELL

Evergreen Solar Inc

ESLR-Q (Dead)

1.560

(Market Call Minute.) Basically finding ways to reduce silicon content needed in solar cells to save costs. Have been doing it a long time but have not been able to execute yet.

2009-03-24

Comment

HBP NYMEX Oil Bull+ ETF

HOU-T

7.430

Expects oil to head higher over the longer-term and is probably a decent place to be right now. When playing a specific commodity, you do need to keep an eye on it and establish a framework on when to get in and get out. On this one, if you hold for a long-term, there is an erosion of value because it resets to the new contract every month.

2009-03-24

WATCH

ENER-Q

13.810

Great technology, but has never made money. Recently got a new CEO and got some financial discipline and is starting to make money. The big thing they do is Building Integrated Photovoltaics Devices (BIPD) (?). Early days for this one. Wait for a couple of earnings to see how they do.

2009-03-24

DON'T BUY

HTC Purenergy Inc.

HTC-X

2.400

Generally doesn't think carbon capture and storage is the solution to reducing emissions. Questions if this is a viable solution. Hasn't been demonstrated on scale. Carbon capture will play a role where there is a market for carbon dioxide, enhanced oil recovery.

2009-03-24

BUY

Nalco Holding Company

NLC-N (Dead)

12.510

Recovery of industrial wastewater such as processing plants, turbine boilers, building radiators, etc..

2009-03-24

BUY

Covanta Holding Corp.

CVA-N

13.730

Energy from waste. Instead of sending garbage into a landfill, it is burnt and convert methane into carbon dioxide. (Further info from Peter. "There is a legacy insurance business within the company though a majority of revenue comes from Energy from Waste." Bill.)

2009-03-24

BUY

Adobe Systems

ADBE-Q

34.330

Software producer. Into Web publishing. Getting into new higher growth markets with opportunities to get in front of content creators in all kinds of places. Very high quality name and a pretty good entry price.

2008-01-23

TOP PICK

Cisco

CSCO-Q

24.030

An incredible franchise. Great global sales force. Much greater than 50% of their revenue comes from outside of North America, so should be fairly resilient to any slowdown in the US.

2008-01-23

Comment

20.120

Their presence with the consumer and getting into the retail channel is going better than what most people had expected. Liked the fact that they were doing so well globally. Had never done very well with the US consumer. They still outgrow the PC market in China.

2008-01-23

Comment

eBay Inc

EBAY-Q

28.940

Good cash flow producer. One of the surprising things is that Amazon (AMZN-Q) has been able to get more traction with a similar type of platform. He will be taking a good look at this since it is trading off in the aftermarket. It's a matter of getting the price right and what you pay for the opportunity for growth.

2008-01-23

BUY

Motorola

MSI-N

10.010

Thinks there has been an overreaction on the stock. Expects the company will be split out into the different divisions. Be prepared to suffer through another quarter or two of less than stellar results.

2008-01-23

HOLD

Nortel

NT-T (Dead)

13.080

Part of the issue with them is that they really had to get their business reconciled, which meant selling off some of their potentially great future assets that were not making money. This means they will be a much slower growing company. There are probably better overall opportunities.

2008-01-23

DON'T BUY

RF Micro Devices

RFMD-Q

2.945

Sells products into the cell phone market. Have had some pretty big customer concentration. When they hit it can go very well, but when you are a smaller player that business can disappear very quickly.

2008-01-23

BUY

Research In Motion

RIM-T

90.120

Had gotten a bit ahead of itself. He likes it in the mid-$80's. It still has tremendous opportunities ahead.b

2008-01-23

TOP PICK

25.450

Flash memory. Quality name but has a lot of volatility. When there is strength in the economy and with the consumer, this is a name that can do very well. There will be a tremendous acceleration of flash memory. They are the patent holder and get royalties off all flash memory made.

2008-01-23

DON'T BUY

Sierra Wireless

SW-T

13.310

Prefers companies that are going to be around for the long term. This one fills gaps between technologies. Their kind of market comes and goes. On a big upgrade to wireless spectrum and there is no access to the higher data rates of the new networks they get an opportunity to bring products to market. This makes it a very volatile company. Treat this as a trading stock.

2008-01-23

TOP PICK

Sandvine Corp.

SVC-T

3.900

Deep packet inspection for communications going Internet protocol. This can be video, data or voice. They inspect every packet and know what's in there and can prioritize. If you want more high growth in some of the exciting new areas, this is a name to look at. Strong balance sheet.

2008-01-23

DON'T BUY

Apple

AAPL-Q

178.860

A great company but he has trouble with the valuation. They have done at phenomenal job with their products. They need to hit a triple to drive this stock up. At the end of the day, it is still a closed system and that is not what people want.

2007-12-03

BUY

Citrix Systems

CTXS-Q

36.830

Virtualization making your hardware look like whatever you need to serve your organization. A much more efficient way to deploy your IT assets. Prefers valuation of this over Vmware (VMW-N). Involved in a patent dispute, which is a legitimate risk to keep your eye on.

2007-12-03

TOP PICK

23.940

Has been beaten up. Organization has been restructured. They are making the changes that the consumer wants. Thinks they will announce a $10 billion plus share buyback in the next little while. Good price.

2007-12-03

HOLD

Electronics Arts Inc

EA-Q

55.130

Probably the strongest player in the gaming industry because they have the biggest diversity of brands. Have recently announced some losses and will reinvest into some mobile gaming and all kinds of new areas. They will do well.

2007-12-03

BUY

Microsoft

MSFT-Q

32.920

Their office suites and Vista continue to do well and dominate the market. Have grown more than 15% in the most recent quarter and the stock does not reflect that. Dividend is growing.

2007-12-03

SELL

Research In Motion

RIM-T

104.760

Doing a great job but the valuation is such that they can't do a home run anymore. Got a bit of ahead of itself so he sold his holdings. To believe it is fair value, you have to believe that sales will grow 5X the current level over the next 5 years. Take profits if you are a shareholder.

2007-12-03

TOP PICK

37.910

Flash memory cards are becoming the consumers’ media for storing digital images, digital videos and transferring files. Acquired M Systems, which makes thumb drives/USB drives. They are the technology leader and a great retail brand.

2007-12-03

TOP PICK

Western Digital

WDC-N

27.660

A hard drive story. A lot of digital cameras, etc. now have hard drives. They are also the leader in laptops. A massive amount of data is being produced. Video is in the early stages of truly being digitized. They will be a key beneficiary. Hard drive industry has consolidated so pricing is much more rational. Likes the long-term trend.

2007-12-03

HOLD

SAP AG ADR

SAP-N

51.820

Consolidation in the business software industry has become rampant but this company will remain a player. It will continue to do well. Picking up the right assets to make sure they stay relevant in the corporate environment. On his radar screen.

2007-12-03

BUY

Sprint Nextel

S-N

15.840

Stock has been pretty flat to weak. Likes the dividend. Best wireless play in the industry. Functioning at much lower profit levels than the others. Ultimately they can get back to hire profit levels. Trades at a fraction of the multiple of other players so is good value.

2007-12-03

DON'T BUY

Absolute Software Corp.

ABT-T

37.230

Remote security. A great area. Thanks there will be competition aggressively moving into this area. Hasn't been any consistency in earnings. Worth substantially less.

2007-12-03

SELL

VMware Inc.

VMW-N

94.970

Virtualization making your hardware look like whatever you need to serve your organization. A much more efficient way to deploy your IT assets. Prefers Citrix (CTXS-Q) valuation. Overvalued.

2007-12-03

Comment

Activision Blizzard

ATVI-Q

24.970

Signed with Vivendi to create the world's largest pure-play online and console game publisher resulting in a $27.50 tender offer. Their business has been wildly cyclical and this will give them a subscription business that will stabilize the revenue.

2007-12-03

HOLD

Adobe Systems

ADBE-Q

45.670

Slightly rich better position then we have given them credit for.

2007-10-16

TOP PICK

Applied Materials

AMAT-Q

20.850

He likes the business.Key supplier for solar and flat panels. Company has done well over the last 25 years.

2007-10-16

TOP PICK

Cisco

CSCO-Q

32.290

It is leveraged to global economy. The company has the whole system approach. Predicts 15-20% upside from here.

2007-10-16

DON'T BUY

Citrix Systems

CTXS-Q

41.900

The company is executing well but going through litigation. The stock is close to fair value and just hit 52 week high. Not a good time to buy . Continue to hold if you own.

2007-10-16

WEAK BUY