CONFIDENCE IN MANAGEMENT IS LOST.
Interest spread is too high at time of tightening.  The announcement
means TSL failed to raise $1B to finance Vertical Integration.  Some
financial damage is expected to cancel mega sacle equipment purchase
and 1Q08 earnings may disappoint us as a result.
Short term: better cash position and better rating.  Long term: no
more a growth stock.  Sell into strength if you you bought their
growth and switch to STP that already raised $$$ for expansion.