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Gold/Mining/Energy : Alt-energy: wind and solar -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (18)	3/31/2010 5:39:47 PM
From: Sam	Respond to of 40

There were severe shortages of polysilicon when LDk first formulated their plan for poly plants. They had already put a lot of money into it before prices collapsed. By the time the plant began to produce usable poly, they were in the midst of collapsing prices and a liquidity crisis. So they sold some of the output of the plant as well as a stake in it in order to get cash. The company has been trying to diversify their production, but the first move that they made was upstream into poly rather than downstream. They are now trying to move downstream as well, but face a long road ahead, with gluts on either side of the production processes. I don't know if they will survive or not, could go either way, IMHO.