ESLR - Evergreen Solar Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ESLR - Evergreen Solar

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HEXonX who wrote (44)	4/19/2007 2:48:56 PM
From: Daniel Simon	Read Replies (1) of 112

I'm disappointed with a couple things this quarter. First of all I'm happy that ESLR is confirming that ASPs are trending down 5%/yr (or more) starting mid-last year. If they had not admitted this, I'd be extremely suspicious of their honesty. I think they are much too rosy on where ASPs are headed. Keeping in mind that ASPs rose between 2004-2006, along with the industries cell maker margins, and that lots of silicon capacity is coming on line in the next 18-24 months, ASPs will go down faster than 5%/yr over the next couple years. Second thing that bothers me is what seems like a move to give away the shop (or 15% of it at least) to DC Chemicals in order to secure silicon supply over the next 4ish years. Given that silicon capacity is expected to more than double over that time frame, I think they are overpaying. Additionally most other cell manufactures have been experiencing historically high margins in recent years...and ESLR is losing money. :( Yet they claim to have a process that uses the smallest amount of silicon/watt in the industry. What are they doing wrong?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next