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Gold/Mining/Energy : Suntech Power Holdings Co. -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (38)	11/24/2008 3:06:59 PM
From: Eric	Read Replies (1) \| Respond to of 82

As per their last CC that I listened to roughly half of their wafers are purchased on the spot market. The other half is tied to long term contracts. They have a rather large inventory of higher priced wafers that they have to work through so I don't expect a lower cost structure until the middle of next year. They are negotiating to get prices lowered in a number of their forward contracts. In fact a large number of Si based PV manufacturers are in the same boat, especially in China.