Andalay Solar Inc fka WEST

[royallen]

Akeena/Westinghouse Solar appears to have been more concerned with growth and volume than with profitability. One man held a controlling interest in the company and as long as there was millions of revenue and a rising stock price there was no motivation for him to change. The Westinghouse deal and the failed merger popped the bubble.
The current management and board are not in the same position. The only path to wealth for them is to make their shares worth considerably more. Dilution hurts them as much as it hurts us but it is better than venture capital. I am betting that they are motivated to do what it takes to raise share price. The only question is: can they do it fast enough to avoid excess dilution, toxic venture capital, or BK. They are cutting costs and increasing revenue. I will wait a while longer to see what happens.