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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

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Dec 22 4:00 PM EST

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To: michael97123 who wrote (40630)	10/7/2008 1:00:30 PM
From: Donald Wennerstrom	Read Replies (2) of 95626

First Solar, SunPower downgraded by Goldman on solar fears By Steve Goldstein Last update: 7:40 a.m. EDT Oct. 7, 2008 LONDON (MarketWatch) -- Goldman Sachs took a "cautious" stance on solar, lowering First Solar to conviction sell from buy and SunPower to sell from buy. "The risk of oversupply in the solar market will soon become a reality as considerably less generous demand subsidies take hold just as a wave of supply and tight financing hit the market. We believe that liberal subsidies of the past in markets like Germany and Spain are unlikely to be replicated in the future given fears of their ultimate cost in a bad world economy," the brokerage said. marketwatch.com

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