Gumby

First Solar Now in Its Third Leg Up

FSLR HAD BEEN SELLING MODULES IN GERMANY ONLY SO FAR. FSLR IS NOW TALKING WITH UTILITY CUSTOMERS HERE IN USA LATELY. THERE IS NO GUARANTEE THAT THEY WILL SIGN CONTRACTS. I GUESS THEY WILL BECAUSE FSLR ARE ALREADY BUILDING NEW PLANT EXPANISOINS IN MALAYSIA. FLSR WILL HIT AT AROUND $2 BILLION IN REVENUES ONCE ITS EXPANSIONS IS COMPLETED BUT WILL DECLINE AS PRICE COMPETITION WILL MOUNT BEFORE TOO LONG. FSLR WILL HAVE TO ANNOUNCE PLANT EXPANSIONS TO MAKE UP FOR THE LOSS IN REVENUES DUE TO COMPETITION. ITS TORRID RUN UP IN STOCK PRICE WILL END ANYHOW.. FSLR IS ALREADY TEN YEARS AHEAD IN STOCK PRICE...