There goes $12 in the rear view mirror....
(EMKR) Emcore: Signs MOU for 60MW of CPV towers; raising FY08 ests and initiating FY09 numbers - Merriman: Merriman notes EMKR continues to build significant traction in its terrestrial solar unit as evidenced by yesterday's very large contract announcement, adding over $300 mln to a total contact volume already in the hundreds of millions. With strong trends on the cable optics side likely to continue with recently increased capital spending from Comcast (CMCSA) and digital optics continuing to recover, they believe EMCORE is set to fire on all cylinders in 2008. We are increasing our solar PV rev ests for FY08 and initiating 2009 ests at levels they believe remain conservative.
This is why you have stoney 2 days before the big boys and @ $10.25 vs $12.... it can soar from here of course the word is just getting out.... but ST I have a limit sell at $12.30 in one account but my big lot which has a higher cost basis of $10.40 I will hold and a fractional amount in my wife's IRA I will hold as well.
~ SI
(EMKR) Emcore: Signs MOU for 60MW of CPV towers; raising FY08 ests and initiating FY09 numbers - Merriman: Merriman notes EMKR continues to build significant traction in its terrestrial solar unit as evidenced by yesterday's very large contract announcement, adding over $300 mln to a total contact volume already in the hundreds of millions. With strong trends on the cable optics side likely to continue with recently increased capital spending from Comcast (CMCSA) and digital optics continuing to recover, they believe EMCORE is set to fire on all cylinders in 2008. We are increasing our solar PV rev ests for FY08 and initiating 2009 ests at levels they believe remain conservative.
This is why you have stoney 2 days before the big boys and @ $10.25 vs $12.... it can soar from here of course the word is just getting out.... but ST I have a limit sell at $12.30 in one account but my big lot which has a higher cost basis of $10.40 I will hold and a fractional amount in my wife's IRA I will hold as well.
~ SI
