SunPower Announces Initial Public Offering SPWR Message Board

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Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR

SPWR 1.620

-7.7%

3:59 PM EST

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To: Eric who wrote (130)	10/18/2008 5:41:19 PM
From: Daniel Simon	Read Replies (1) of 196

Did that Citigroup analyst (Arcuri) listen to the same conference call I did? cut his rating on the stock to Sell from Hold “100% stock-specific call.” <raise eyebrows> Odd call that...considering that solar is ~98% driven by government incentives and solar just got a major 8 year ITC extention + upgrade (residential and utility) in its largest natural market (USA)... Unsettled capital markets are a concern...but that is hardly 100% stock specific. Even if there are fewer installs next year, I expect them to be bigger (kW) installs. Time will tell...

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