CYPRESS Semiconductor (CY) Message Board

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Technology Stocks : CYPRESS Semiconductor (CY)

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: blind-geezer who wrote (2573)	2/23/2008 10:54:55 AM
From: mlc178	Read Replies (1) of 2694

You are right - SPWR tanked. STP's guidance caused the silicon solar cell stocks to tank. In response to an analyst question, they said guidance is limited by silicon procurement. STP believes polysilicon prices will fall in 2nd half 2008 and have guided for 60% of their sales to be in the 2nd half and 40% in the first half. Polysilicon is too expensive and in too short supply for STP to issue strong first half guidance. Spot price is $350 to $400 per kilogram. Just two years ago this stuff was $100 per kg. Two strong solar stocks are FSLR and WFR, neither of which require a polysilicon supply. Silicon solar cell companies (SPWR, STP, SOLF, TSL, YGE, CSIQ, JASO, CSUN) are for contrarian buyers. Many are well beneath the 200 MA.

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