Heard that Soyndra got the rug pulled out from under them because they tried to develop a panel that didn’t use silicon at a time when silicon was very expensive. After they went into production the cost of silicon dropped so low that they were not able to compete at that price point.
Nebulous Premium Member over 12 years ago
Day 1:IPODay 2:Day traders form feeding frenzy.Day 3:Initial investors sell the last of their stock for an obscene profit.Day4:Company goes bankrupt.
McGehee over 12 years ago
Enron? I thought that was Solyndra.
rmacprivate over 12 years ago
Heard that Soyndra got the rug pulled out from under them because they tried to develop a panel that didn’t use silicon at a time when silicon was very expensive. After they went into production the cost of silicon dropped so low that they were not able to compete at that price point.
fritzoid Premium Member over 12 years ago
“I heard it was just another political boondoggle.”
I bet I know where you heard that from, too.