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To: bob zagorin who wrote (44530)	9/17/2008 9:22:33 AM
From: bob zagorin	Read Replies (1) \| Respond to of 57684

wfr competitior.. Hoku Scientific-HOKU upgraded to Buy from Neutral@BPSG Broadpoint upgraded shares as they believe the contract with Tianwei New Energy reduces financing risk. Target $13. ................. Hoku Materials, a wholly owned subsidiary of Hoku Scientific, established to manufacture and sell polysilicon for the solar market, and Tianwei New Energy (Chengdu) Wafer Co. announced the signing of a second long-term contract for Hoku's sale and delivery of additional quantities of polysilicon to Tianwei over a ten-year period beginning in the second quarter of 2010. According to the contract, up to approximately $227 million may be payable to Hoku during the ten-year period, subject to product deliveries and other conditions. Together with the first contract, this brings Tianwei's total orders from Hoku to approximately $511 million over ten years. :thef