Daystar Technologies Inc (NASDAQ:DSTI)

CAPS Rating: No stars

The Company is engaged in the development, manufacturing, and marketing of photovoltaic products that convert sunlight directly into electricity.


Player Avatar saldate (25.28) Submitted: 12/20/2007 10:13:32 PM : Underperform Start Price: $4.03 DSTI Score: +134.63

The manufacturing process and technology developed by Nanosolar will revolutionize the industry, and PV manufacturers like this one will either adapt or suffer the consequences. Nanosolar has finally placed solar power on a competitive plain with coal from a price perspective.

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Member Avatar KatWoman50 (< 20) Submitted: 12/28/2007 2:09:31 PM
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Thanks for the heads up on Nanosolar Too bad they're a private company. Solar techology is advancing at a pace that communication technology was 10 years ago. The demand for panels will require the current players and new ones to ramp up production and I don't see any one of the new technologies putting the others out of business for the next 5-10 years. Daystar is in a good position to stay on top for an extended period since their cells are a newer non-silicone based design. They are flexible, light and can be integrated into other materials such as roof shingles.

Member Avatar saldate (25.28) Submitted: 1/2/2008 2:38:40 PM
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Interesting... looks like I need to do more research before making a blanket assessment of the industry. Daystar may have a chance to be highly profitable. However, the major advantages I see for Nanosolar at this point is the cost structure and ability to mass produce solar panels. At a proposed retail price point of around $1 per watt, I foresee mass adoption hitting very quickly, even before the stock goes public. They've already got plenty of VC funding on hand, and their biggest upcoming hurdle that I know of is whether or not they can produce fast enough to meet demand. Public funding will only help them build more factories, but in their current situation, appears to have nothing to do with them dominating the (PV and wafer) market. Since Nanosolar has two factories coming online between Q4 2007 and Q1 2008, and plans to manufacture around 430 MW of solar panels in 2008, that point of critical mass is close at hand. A 430 MW production rate is more than all US producers combined.However, I'll have to look at Daystar's (and possibly others) technology in more detail. Since this wasn't real money, I made a snap judgment.

Member Avatar saldate (25.28) Submitted: 1/7/2008 8:59:04 PM
Recs: 0

OK, So I looked into Daystar more after KatWoman50's input. The solar industry still seems like it's in the infancy stages at the moment, so it is rather difficult to see how the market will play out. Daystar could potentially wind up a solid competitor to Nanosolar depending upon the application, since Daystar has multiple products currently available (including one somewhat similar to Nanosolar), and appears to be customizing them to different applications. However, the two major factors that remain true, are Nanosolar's superior manufacturing process, ability to quickly mass scale, and resulting reduced cost structure. Also, Nanosolar appears to be executing to their originally proposed timeline, while Daystar is floundering: Therefore, based on what I've seen to date, I stand by my original thumb's down on this company, although it looks like I made the call a little too soon.

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