Jmichael

First Solar: Large Intangible Assets and High PEs Go Together

I'm not sure if FSLR is overvalued. What I am sure about is how serious the Chinese are with their alternative energy development. I can't see putting my investment dollars in FSLR when LDK sits waiting to potentially explode to fair value. Looking forward if I owned First Solar I would be watching for the next IPO which already has over 1 billion dollars of AMAT equipment ordered to produce thin film panels.
The whole benefit of solar for me personally would be to have my own system someday. Being an American, I don't care if there is a solar farm down the road generating my electricity if I still have to pay someone else for it. I want my own system. I want my Freedom. Thin film will not be efficient enough to power my Mansion. My roof is only as big as my house. Just ask Al Gore.. : 0