Date updated:07-12-2008
Companies with profitable main lines of business where, because of valuation, you can buy the wind business for free

-
AVAV
Aerovironment - $30.24
- +6.33%
- $27.29
Unmanned Aircraft Systems. Started in 1971, 25% YoY growth. Heavy demand for aircraft that can stay in the stratosphere for weeks (spying, hurricane detection, etc). Needs to be power efficient. 22 P/E on 25% growth. Company just got patents for wind towers that can sit on buildings, avoiding the need to waste vast tracts of land for wind farms.

-
OTTR
Otter Tail Corp - $22.00
- +5.97%
- $20.42
Utility company in Northwest. Bill Gates second largest shareholder after Tontine. 3% dividend. Owns DMI Industries which cant even keep up with demand for wind towers. Probably will spin out DMI.
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