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1 January 2000
The bursting of NEG Micon's bubble has been a sharp reminder of the dangers of trying to run before you can walk. If shareholders had not come with a rescue package, NEG Micon would have been the second major wind firm to collapse in five years mainly because of technology failure. With a buoyant world wind market, however, the company's recovery seems assured, just as long as its gear box fix is permanent.
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