07-Dec-07 08:46 ET In Play Suntech Power: Analyst day preview - AmTech (75.40 ) : AmTech notes STP will be holding an analyst day on Dec 11. Firm believes the gross margin trajectory over the next 12-24 months will be the most important metric for STP following the apparent trough in 1Q07. They believe that margins should improve through 2008 for the following reasons: the implementation of STP's proprietary Pluto technology, increased contract polysilicon contribution from MEMC, the tempering of spot pricing, and relative economies of scale improvements. Firm expects STP's exposure to the N. American commercial market via its relationships with SP Systems and SunEdison to be growth drivers in 2008. Another possible growth driver in 2008 could be the bourgeoning foundry business STP has been cultivating with small installers. Firm expects STP to become FCF positive on an annual basis in 2008. Firm is a buyer of STP.
05-Dec-07 12:51 ET Trader In Play Suntech Power at Think Equity Green Conference (78.62 +1.38) : Says spot market silicon prices have gone up, but due to technology improvements and more price stability, the co has seen gross margins expansion; says even for next year they are seeing ASPs come down slower than expected; says that they see ASPs as flat to maybe slightly up (had previously expected a fall of 5%); says demand environment is very strong.
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