disdaniel

Solar Targets Slashed as Demand Seen Dropping by 25%

I think these "solar" analysts are taking the results of 1 bad quarter, and projecting them out for the year.

"News" of writedowns on inventory and raw materials is to be expected given the precipitious unwinding of the silicon shortage (coincident with the credit crunch)--which is rippling through to finished panel prices. I think investors (and presumably these analysts work for investors) care more about how the company(s) will do over the next few years than the last few months...