From SmallCapPulse:
Analyst Comments - Pacific Crest’s Mark Bachman commented on A123 Systems’ Q3 financial results this morning, noting that the results were “solid” and there is no change to his long-term thesis. He rates the stock at SECTOR PERFORM....
...Bachman’s Key Takeaways· “The loss of ($1.78) per share looks much worse than our estimate of ($0.20), but all but $0.03 of the miss was driven by a share-count discrepancy.
· A123 is confident about Chrysler, but the implications are not clear yet. Bachman thinks timing and volume of battery shipments to Chrysler are uncertain and present significant risk to A123.
...MORE
· A123 continues to build a solid pipeline of transportation customers, which could lead to volume orders and share catalysts
