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To: Doren who wrote (47675)	1/15/2009 2:29:14 PM
From: bob zagorin	Respond to of 57684

Gabelli & Co Reiterates Bullish Stance on First Solar (FSLR) Jan 15, 2009 11:18AM Gabelli & Co is reiterating their Buy rating on First Solar (Nasdaq: FSLR) after strong results from 5N+ yesterday, which provides them increased confidence that FSLR is faring better than most solar plays. The firm also said, "management noted that other CdTe based solar vendors were struggling given the difficult environment for financing...in sharp contrast to the rest of the solar sector." The firm remains confident in their estimates for FSLR for 4Q '08, $435mm revenues and EPS of $1.37, as well as for FY '09, EPS of $8.00, and continue to recommend the purchase of shares at current level. .................. will someone please explain this statement to me. is he really saying this sector is struggling while the rest of solar is not? huh? <"management noted that other CdTe based solar vendors were struggling given the difficult environment for financing...in sharp contrast to the rest of the solar sector.">