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Evergreen Solar Announces 1 Billion In Contracts
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http://stockpicky.blogspot.com/2008/05/evergreen-solar-annou...
Submitted by
1greenthumb
4 months, 2 weeks, 6 days agoSo, here we are watching a company that has 1.85 billion dollar in backlog yet the entire company itself is only worth 1.32 billion by market cap! Based on this factor alone it would appear that Evergreen Solar is grossly undervalue at these levels. One of the biggest problems with solar companies is the perceived shortage of polysilicon. Evergreen has this covered already though as they have signed several long term supply agreements over the past year.
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