Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Emcore Corporation (EMKR) -- Ignore unavailable to you. Want to Upgrade?

To: Lou Weed who wrote (427)	3/27/2008 9:34:41 PM
From: Rock_nj	Read Replies (1) \| Respond to of 640

Don't forget, solar is just 1/3rd of Emcore's business. Their fiber optic business is doing okay with the FiOs build out by Verizon, which is going well as far as I've heard. I like the fact that Emcore has the highest efficieny solar technology at 40%. That makes them a takeover target. In the Wall Street presentation yesterday, Emcore said they expect 45% efficiency within a few years and also apparently raised yearly guidance to $360 Million. I'm sure we'll hear more on Monday from the Annual Meeting. See: EMCORE Corporation Wall Street Analyst Forum Transcript seekingalpha.com From the above presentation: Again, at the end of last year, we were at just over 40%. We have a new technology called IMM, which is an acronym for Inverted Metamorphic. In short, it's a way that we can grow the layers in reverse to get an efficiency boost. We are looking at getting to 43% by the end of this year and conservatively to 45% by 2010. So, you can see the efficiencies are going up anywhere from 3% to 4% per year over the last four years. Again, this is a direct cost reduction at the system level at dollars per watt. ----------------------------------- We also gave guidance for calendar '08 at $360 million. The majority of that growth is coming from the photovoltaic business. Out of that business, the majority is coming from the terrestrial side, as oppose to the space side of the business.