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.

Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: 10K a day who wrote (5747)	4/22/2008 9:17:36 AM
From: Taro	Respond to of 20435

Started out in Cash keeping his head cool and then aimed straight at the energy stocks he knows so well. Very impressive. Taro

To: 10K a day who wrote (5747)	4/22/2008 9:48:51 AM
From: Road Walker	Respond to of 20435

Thanks... and FSLR up 12 points this morning on a goofy target price prediction: First Solar 9:15 AM EDT April 22, 2008 . Target $300 to $450. AmTech is expecting FSLR to report a strong 1Q08 of in-line to better than expected results and give healthy guidance for FY08 in-line with the robust demand the company is seeing. Given that the stock is up significantly since prior to last earnings call (75%), the near-term trade this quarter is difficult to gauge. Despite the near-term price action, however, firm believes current levels represent an attractive long-term entry point. Firm moves their valuation window out to 45x their 2010 EPS est of $9.90 to reach their new $450 tgt (up from $300), a multiple they believe is warranted given FSLR's visibility into end customer demand and internal capacity additions vs. its peers when coupled with projected growth rates.