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Beacon Research Issues TraderNotes on XSNX, LDK, FSLR, ESLR, STP for December 18, 2007

Today’s TraderNotes include: XsunX, Inc. (OTCBB: XSNX), LDK Solar Co., Ltd. (NYSE: LDK), First Solar, Inc. (Nasdaq: FSLR), Evergreen Solar, Inc. (Nasdaq: ESLR), Suntech Power Holdings Co., Ltd. (NYSE: STP)


XSunX, Inc. (XSNX) Trader Note - XSNX Increased 63.48% in Yesterday's Trade


XsunX, Inc. (XSNX) closed at 0.48 yesterday, a positive change of 0.19 or a sharp increase of 63.48% from the previous close of 0.29.  XsunX, Inc. (XSNX) is a solar technology company based in Aliso Viejo, California, developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products, the company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. The company has begun work on a multi-megawatt solar module production facility in the US and has commissioned a baseline production system expected to come on-line in early 2008.  This will serve as the blueprint for a 25 megawatt (MW) production system expected to become operational by year-end 2008.  In yesterday's trading, XSNX actively traded with a volume of 6,626,300 shares within the range of 0.30 – 0.48.  At present, it has 157.02M shares outstanding.  


LDK Solar Co., Ltd. (LDK) TraderNote – LDK Traded Heavily Yesterday with 12,879,680 Shares


LDK Solar Co., Ltd. (LTD) heavily traded yesterday with a volume of 12,879,680 shares within the range of 65.00 – 75.65.  LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China.  It has recently signed a 10-year "Take or Pay" contract to supply multicrystalline wafers and polysilicon to Germany-based Q-Cells AG.  Under the terms of the agreement, LDK Solar will deliver more than 6 giga watts of multicrystalline solar wafers to Q-Cells over a ten-year period commencing in 2009 through 2018. In yesterday's trading, LDK closed at 68.18, a positive change of 11.34 or an increase of 19.95% from the previous close of 56.84.  At present, it has 104.59M shares outstanding. 


First Solar, Inc. (FSLR) TraderNote – FSLR Well-Positioned with Its Cost-Effective Solar Technology 


First Solar, Inc. (FSLR) heavily traded yesterday with a volume of 4,402,753 shares within the range of 230.00 – 255.76.  First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.  The Company's Chief Financial Officer, Jens Meyerhoff, recently presented to the investment community last December 6, 2007 at the Lehman Brothers Global Technology Conference at the Fairmont Hotel in San Francisco, CA.  In yesterday's trading, FSLR closed at 231.97, a negative change of 19.72 or a decrease of 7.84% from the previous close of 251.69.  Share prices rose to a high of 255.76, or 0.69 away from the 52-week and year high of 256.45 and registered a low of 230.00 in yesterday's trading.  At present, it has 77.96M shares outstanding.

Evergreen Solar, Inc. (ESLR) TraderNote – ESLR Gains Strong Potential from Its Environment-Friendly “String Ribbon” Product


Evergreen Solar, Inc. (ESLR) traded heavily yesterday with 7,225,710 shares within the range of 14.71 – 16.89.  Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company’s patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches. Evergreen Solar’s products provide reliable and environmentally clean electric power for residential and commercial applications globally.  In yesterday's trading, ESLR closed at 15.02, a slight negative change of 1.59 or a decrease of 9.57% from the previous close of 16.61.  At present, it has 101.37M shares outstanding.  


Suntech Power Holdings Co., Ltd. (STP) TraderNote – STP Finds Strength in Accelerated Demand and Outstanding Operational Execution


Suntech Power Holdings Co., Ltd. (STP) traded  heavily in yesterday's trading with a volume of 4,307,193 shares within the range of 77.30 – 83.48.  Suntech Power Holdings, Co., Ltd. is a leading solar energy company and one of the world's leading manufacturers of photovoltaic (PV) cells and modules and provides solar solutions for a green future.  Suntech designs, develops, manufactures and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, and industrial and public utility sectors.  Recently discussed at Suntech's Analyst and Investor Day were its primary strategies for growth and the acceleration of the Company's 1GW expansion target by two years and doubling of its 2010 plan to 2GW due to accelerated market demand and outstanding operational execution.  In yesterday's trading, STP closed at 78.43, a slight negative change of 4.30 or a slight decrease of 5.20% from the previous close of 82.73.  At present, it has 51.14M shares outstanding. 


Beacon Equity Research Disclosure


The analysts contributing to this report do not hold any shares of XsunX, Inc. (XSNX). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report.  Beacon Equity Research and its affiliates have been directly compensated a total of fifteen thousand dollars directly from the company for enrollment of XSNX in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
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