Ranjit Thomas

Quanta Services: Piggybacking on the Alternative Energy Boom

Thanks to all for your comments. First, to correct a mistake, I am short PWR, not PBR. That was an inadvertent mistake on the part of SA. I agree with some of the qualitative comments that people have put forth, but all of them could have been (and were) made a year ago. Yet, the company has generated only $15Mn of cash in the last year. Not one of you has provided an explanation for this disconnect. My point is simply that a company that generates $15Mn/yr, with no signs of this improving, is not worth $5Bn+.