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Technology Stocks : ESLR - Evergreen Solar

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From: bob zagorin	7/7/2009 10:52:02 AM
	of 112

a little info on eslr from a motley fool pieces.. "...... Evergreen Solar Evergreen got an 11% boost on Thursday as a JPMorgan analyst upgraded the stock, citing the smooth operation of its Devens facility that could help it to meet the next demand upturn in solar. Some CAPS members think its new facility in Wuhan (China) will determine much of the company's future success, as it should help the company significantly improve production costs. Evergreen Solar recently tapped the capital markets for $72.5 million, with some of the money set to help fund the China facility with a preliminary capacity of 100 megawatts. And it expects that the contracted use of Chinese firm Jiawei Solar, which has done work for Evergreen and SunPower (Nasdaq: SPWRA) before, will be a key factor in driving down cost to remain competitive with fast-moving peers. At this point, 92% of the 2,048 CAPS members rating Evergreen Solar are bullish and see it outperforming the broader market....."

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