Sharing Knowledge in Smallcaps

[timhyma]

Looking forward to your thoughts. I'm thinking in @$2.20 and a little volume- Tim
ESLR
Evergreen Solar, Inc. develops, manufactures and markets solar power products that are capable of providing reliable and environmentally clean electric power throughout the world. In the Company's String Ribbon technique, strings are pulled vertically through a shallow pool of molten silicon, and the silicon solidifies between the strings to form a continuous ribbon of crystalline silicon. Once the ribbon has reached the desired length, it is cut and prepared for cell fabrication. If its development programs are successful, the Company expects to continue to increase the conversion efficiency and wattage of its solar panels as it expands manufacturing capacity and shifts from 5.6-centimeter-wide String Ribbon wafers to eight-centimeter-wide String Ribbon wafers in 2001. The Company is also developing frameless solar panels, solar roofing tiles and other building-integrated solar power products for the building industry.

. For the nine months ended 9/30/01, revenues fell 1% to $1.6 million. Net loss applicable to Common rose 66% to $8.7 million. Revenues reflect the completion of research contracts in early 2001. Higher losses also reflect higher cost of product revenues related to the expansion of the pilot manufacturing operations.

Recent Price $2.59
Book Value (mrq) $4.10
Total Cash (mrq) $30.0M
Market Capitalization $29.5M
Shares Outstanding 11.4M Float 4.40M
Shares Short 173.0K

Insider and 5%+ Owners: 61%

Chart says- oversold
http://clearstation.etrade.com/cgi-bin/details?Symbol=eslr&Refer=http://clearsta tion.etrade.com/cgi-bin/delisted_symbol%3fSymbol%3dersl%26Event%3ddetails

Evergreen Solar, Inc., a micro-cap growth company in the energy sector, is expected to underperform the market over the next six months with very high risk
One or more analysts has modestly increased quarterly earnings estimates for ESLR. Positive
The price-to-sales multiple is significantly higher than the average for all stocks in the StockScouter universe. Negative for a small company like ESLR
• The most recent quarterly earnings report was significantly lower than analysts' consensus forecast. Negative
The price-to-earnings multiple is a negative number. No effect
Over the next 1-2 months, StockScouter forecasts that growth stocks will be in favor, micro-cap stocks will be in favor, and energy stocks will be neutral

Support Price (5day): $2.590 Support Price (20day): $2.120 Support Price (50day): $2.110 Support Price (100day): $2.110

Resistance Price (5day): $2.950 Resistance Price (20day): $3.050 Resistance Price (50day): $3.750 Resistance Price (100day): $10.160