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Friday, 06/30/2006 6:40:48 PM

Friday, June 30, 2006 6:40:48 PM

Post# of 8159
A little competition coming?

WASHINGTON, June 30 (Reuters) - First Solar Inc., which makes solar modules using a proprietary thin film semiconductor technology, said on Friday it is planning an initial public offering of as much as $250 million in common stock.

Credit Suisse and Morgan Stanley will underwrite the IPO, according to a preliminary offering document filed with the U.S. Securities and Exchange Commission.

It said it is seeking a Nasdaq listing under the symbol "FSLR." (FSLR.O: Quote, Profile, Research)

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