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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (47690)	1/15/2009 6:03:15 PM
From: stockman_scott	Read Replies (1) \| Respond to of 57684

You can tell we are in a deep recession as we are seeing the strong first tier tech companies start to downsize...Recently, we have seen staff reduction announcements from EMC, Oracle and now Microsoft...It wouldn't surprise me if Cisco and Intel trim their staffs sometime in 2009 too -- especially if we get the economy that Nouriel Roubini claims we will get (no recovery until 2010).

To: Lizzie Tudor who wrote (47690)	1/15/2009 6:04:53 PM
From: bob zagorin	Respond to of 57684

First Solar Shares Rise Amid Supplier Results >FSLR DOW JONES NEWSWIRES By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of First Solar Inc. (FSLR) and other solar companies traded higher Thursday as a couple saw their stock-investment ratings raised and a supplier reported strong results. First Solar shares closed up 6.9% to $142.58. Other solar companies also ending higher, including Yingli Green Energy Holding Co. Ltd. (YGE), up 7% to $5.95. Late Tuesday, solar-cell material supplier 5N Plus Inc. (VNP.T) reported results ahead of expectations, which analysts viewed as a positive indicator for First Solar. Gabelli & Co. analyst John Segrich said in a note that 5N is First Solar's primary supplier of CdTe, the key material used in production of its solar cells. "While the results were for the three [month] period ending November 2008, we believe they are a solid indication of the continued strength at First Solar, in sharp contrast to the rest of the solar sector," Segrich said. Analysts at Piper Jaffray also said the results bode well for First Solar and that comments from 5N management "suggest a strong environment for its solar business and FSLR in Q1 and 2009." While 5N's news was positive for First Solar, analysts didn't directly peg Thursday's share movement to the news. "I think the group is just generally bouncing back from several days of significant weakness," Raymond James analyst Pavel Molchanov said in an interview. "We've seen tremendous volatility in solar stocks across the board...I agree they are outperforming, but also underperformed for a long time." Meanwhile, Lazard Capital Markets raised its stock-investment rating for Suntech Power Holdings Co. Ltd. (STP) to buy from hold and LDK Solar Co. Ltd. (LDK) to hold from sell. The firm said successful hedging by Suntech during the quarter "likely resulted in in-line performance," and LDK's "strong borrowing capability with various banks in China," limits the downside. Suntech shares ended up 4.7% to $10.64, while LDK Solar jumped 6.1% to $13.86 in the regular session.