RE: RE: beware of the "flash traders"!!They are going to make a significant announcement at an upcoming Solar conf. it could be their next generation flat panel or something else in their R&D pipeline.
www.ecosmart.ca/Docs/DAY4ENERGYppt.pdf
This is from 1 year ago (Aug 8, 2008):
Day4’s increased R&D investment in solar cell design has resulted in the Company’s recent announcement that it has developed a new patent-pending design and manufacturing process for solar cells, capable of delivering efficiencies of up to 19 percent on mono-crystalline and 18 percent on multi-crystalline silicon materials. The application for multi-crystalline products is particularly important because of the material's lower price point and the Company's secured supply. The new design is fully compatible with Day4 Energy's existing manufacturing equipment, enabling fast, economical deployment and scale-up. The technology also leverages existing solar cell manufacturing infrastructure and certain processing techniques widely deployed in other industries. The Company expects that a combination of the technology and manufacturing process will reduce production costs by up to 25 percent of what is currently possible with conventional technology. Aug 8, 2008.
They, like so many other companies got caught by the rapiddeterioration in sales in the 4th quarter, and got stuck with too muchinventory that had to be written down when prices collapsed.Manufacturing in Burnaby and selling in Germany doesn't help keep yourinventories and costs down. They've fixed that now. These lower prices are going to fuel growth in installations as investment capital is very cheap right now.