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To: pyslent who wrote (69918)	10/9/2007 12:13:10 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 213183

solar business is on fire <... ducking> this is a huge 20% revenue bump for a company already growing 100% 8:50AM LDK Solar raises Q3 revenue guidance above consensus; says no merit to allegations (LDK) 37.50 : As mentioned at 08:46, LDK raised guidance for Q3 (Sep), sees Q3 (Sep) revs of $140-150 mln vs. $121.07 mln Reuters Estimates consensus, prior guidance $115-125 mln. Co said that it exceeded its original plan and shipped approximately 75 MW of wafers in the third fiscal quarter ended September 30, 2007. LDK management stands by its internal review of the inventory and does not believe there are any material inconsistencies with what LDK has disclosed in its financial statements. "As we previously indicated, we believe that there is no merit in the allegations made about our inventory accounting practices, our business operations are normal and we continue making shipments to fulfill our customers' orders," stated Xiaofeng Peng, Chairman and CEO. "We remain confident that we have the appropriate financial controls and procedures in place for inventory reporting, and look forward to putting this unfortunate matter behind us."