Member Info for rocketred2

If you have yet to receive your voting Proxy from your Broker, then you should call them. The Proxy's should have been received by your Broker from SIT by now, and they should have mailed them to you. A vote of "yes" to the merger will insure that you will at least get something for your shares. I urge you to vote. Cheers

http://ir.shawgrp.com/phoenix.zhtml?c=61066&p=irol-newsArticle&ID=1305423&highlight= http://www.solarintegrated.com/singleview2009.0.html?&tx_ttnews%5Btt_news%5D=121&tx_ttnews%5BbackPid%5D=98&cHash=da53d12d91 Wishful thinking...maybe Cheers

http://www.bizjournals.com/phoenix/stories/2009/07/06/daily75.html This would be quite nice. History is there with landfills (Italy), and with Johnson Controls. City Officials plan to send a recomended Proposal to City Counsil this fall. Last time I checked, SIT's current loan facility expires end of September. Farfetched...maybe...does it make me wonder...for sure. Government jobs...gotta love them. Cheers Cheers

The state of California is financially in bad shape. Renewable Energy gives the state potential for jobs, and from a political point of view, keeping existing jobs in the state is a plus. It looks like Los Angeles will be going all out to transorm their city over the next 5 years. http://latimesblogs.latimes.com/lanow/2009/06/villaraigosa-sheds-light-on-secondterm-plan-as-he-talks-to-business-group-of-a-solar-la.html With the House passing the national renewable portfolio standard last week, the U.S. is well on the way to enforcing Utilities to use more renewables. Intuition tells me that SIT is in line for many Government contracts. Now, you can't put intuition into the bank, but something is up. I also see that ECD is looking good in JP Morgan's view http://www.cnanalyst.com/2009/07/energy-conversion-devices-nasdaqener-jpmorgan-initiates-coverage-on-ener-with-overweight-rating-pric.html Cheers

GE credit extended to September 30th 2009. Still looking for new financing or buyer. Cheers

This does not sound like a company on it's last legs. The timing is also interesting. http://www.theengineer.co.uk/Articles/311991/Solar+success.htm Cheers

Not sure how to read into it, but it seems as though they are cleaning up for the inevitable sale of the company. Cheers

Anxious times for sure. Cheers

There is a good chance that this may indeed go under. Cheers

Okay, I thought I proofed my last post, but oh how one omission can make a difference! This is my opinion, and I do NOT suggest that you bet the farm on this. So sorry about that. Cheers

Nice to see a past poster still around. Firstly, I'd like to point out that I hold SIT shares and have for quite a long time, so though I am biased, I try not to give unwarranted information. That said, SIT is approximately 50% Institutional owned, and much of that was added just before the new year. I'm sure that there are many out there like myself that are holding on in anticipation of the closing of the new credit facility, because without that, there is uncertainty, regardless of how good the product is (it is good), or what the order book is like (the forward looking estimates would suggest quite good). So, with the announcement forthcoming (I can't see it go past the end of next week), cheap shares if any will be hard to come by. Once the news comes out that financing has been established, then I believe that shares will be available, but at a premium to current levels. All this is IMHO, and I do suggest that you bet the farm on this. Cheers

Interesting; not trying to buy myself, but news should most likely be out next week regarding the closing of the credit facility. Cheers

...Once the new credit facility closes, expect things to start picking up. Cheers Here's something I just found regarding U.S. government and the potential for rooftop solar. http://federaltimes.com/index.php?S=4044663

http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=USU8340P1031GBGBXAIM%20B0137J5SIT Cheers

....regarding the tax credit http://www.solarintegrated.com/PR_Tax_Credit_08.htm Also note that 2008 year end numbers should come out at the end of this month. Cheers

Yes, should be profitable this year, and would have been profitable last year if not for the delay in the U.S. on the tax credit passing. Can't say much on the order book, and the debt seems to be managable, as financing has been made easier based on future earnings. As far as the India order; if you base it on 7-8 million U.S. per megawatt, then the order is worth 35-40 million U.S. SIT's relationship with Prologis is worth noting as well. As more and more utilities look to leasing warehouse rooftops, SIT will garner much of Prologis retro's and new buildings. SIT has proven it can perform well under many weather conditions. Cheers

Hey Norbert, Maybe, but I would not put too much emphasis on the vote. L.A. will still procede with a solar initiative; it will most likely be a mix of public and private utilities...SIT will get their share of the work. The bulk of the shares are still Institution owned, and a big chunk was recently purchased by the exchange. I am sure the exchange is using this news to grab more shares. Rough times, and people are scared...rightfully so...The Exchange knows it too, and will take advantage of this. That said, SIT is fundamentally sound, and will show value...on which exchange this occurs...we'll see. Cheers

http://abclocal.go.com/kabc/story?section=news/local/los_angeles&id=6674982 Cheers

http://www.business-standard.com/india/news/sahara-power-to-set1320-mw-project-in-orissa/20/59/54671/on Cheers

% Shares Owned: 50.12% # New Positions: 2 # of Holders: 35 # Closed Positions: 0 Total Shares Held: 49,956,601 # Increased Positions: 2 3 Mo. Net Change: +13,253,100 # Reduced Positions: 0 # Net Buyers: 2 Cheers