Investorideas.com solar expert, J.Peter Lynch quoted in New York Times July 7th article
Solar Stocks Commentary from J. Peter Lynch
July 7, 2010 - Investorideas.com and renewableenergystocks.com report featured columnist and solar expert J.Peter Lynch was quoted as a source for the following article.
Solar Stocks Commentary with J Peter Lynch -
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Did Solar Startup's Financial Crunch Catch the White House Napping?
By COLIN SULLIVAN of Greenwire
Published: July 7, 2010
Full article: read it here
"J. Peter Lynch, president of Salem Financial Inc., also took note of the company's political connections. He added that media attention -- deserved or not -- could leave the impression that the solar industry is headed in the same downward spiral when Solyndra is more likely an isolated business case.
"It certainly makes the politicians look silly and makes me wonder who was advising them," Lynch said. "I think they did not have the appropriate technical advisers or else the government folks were influenced by the company and its backers."
Lynch added that the financial state of the company became clear to him "after a few phone calls."
Full article: read it here
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Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst an investment banker and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and advisor to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy www.sunseries.net
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