ESLR: Great Pick and Investment if you have patience

With oil going up and as it keeps on going up, alternative energy has become more popular. Recently Eslr came out with $.0 Eps for Q1, against estimates of -$.07. The stock still dropped because of Devin(discussed later on) and lowered Q2 expectations to -$.1 instead of Wall Streets expectations of -$.09. Truth to be told, its doing that so it can blow out estimates again. The company has secured enough silicon through 2012, which is great because silicon is in great demand. In addition, ESLR uses less silicon than its competitors due to patented String Ribbon silicon processing technology. The technology uses about 30% less silicon and gives the company a cost advantage over its competitors. Also, Quad String Ribbon wafer technology, has lowered silicon usage for for silicon wafer production. With the economy and government going green, ESLR is in great position to profit. The government is giving tax advantages and other advantages for alternative energy. As a result ESLR is in position to again profit. In the near time, ESLR has secured sales agreements worth approximately $1 billion spread over 7 contracts. Since 2005, ESLR formed a partnership with Q-Cells and Renewable energy. As a result the company owns a 33% interest in EverQ(solar power provider in Germany). EverQ is set to IPO but the date is no earlier than August 2008. Devin facility is planning to be put up, however, ESLR will need to raise capital. Previously, ESLR tried to raise capital through stock and that was unsuccessful as the stock tanked. ESLR management though has stressed that when it looks to raise future capital it will do so through debt(investors still doubting this). Devins will be producing highly demanded products, and the facility will go up in the near future as soon as they find an appropriate location. ESLR is a long term hold and by 2009 it will once again be profitable and the stock will reflect this.