Question-and-Answer Session
Thank you. [Operator Instructions] Our first question comes to us from Mark Heller of Merrill Lynch.
Mark Heller - Merrill Lynch
Thanks. I was just wondering if you could update us on the company's current... total current backlog, both in megawatts and sales at this point?
Jens Meyerhoff - Chief Financial Officer
For 2008 or for 2009?
Mark Heller - Merrill Lynch
Going forward in total.
Jens Meyerhoff - Chief Financial Officer
I think in total I think the total backlog for the company right now under long-term contract is at approximately $6.3 billion.
Mark Heller - Merrill Lynch
That assumes what exchange?
Jens Meyerhoff - Chief Financial Officer
That assumes an exchange rate are of $1.15 consistent with guidance we gave.
Mark Heller - Merrill Lynch
Your outlook for the utility market in the US, do you think it's an '09 opportunity for you guys or is it more looking at 2010 and beyond?
Michael J. Ahearn - Chairman and Chief Executive Officer
It's already been planned 2010 and beyond just because of the timelines involved in getting through, permitting approval processes, the RFP processes and so forth. So, there are small volumes planned. We continue to do these pilot projects and due to format of work that we are thinking second half of 2010 just went through larger volumes with start.
Mark Heller - Merrill Lynch
And just a sort of housekeeping question. It seems like production was 136.5 megawatts, but how much were sales in megawatts?
Jens Meyerhoff - Chief Financial Officer
So I think you get all the statistics I think on our website there, Mark. With respect to ASPs and production volumes sold, we will not guide to that or share that information going forward as it tightened to pricing and pricing is becoming much more competitive discussion going forward and we will probably going to like to keep that to ourselves.
Operator
Thank you. Our next question comes from Vishal Shah from Barclays Capital.
Vishal Shah - Barclays Capital
Thanks for taking my question. Jens I wanted to just ask you about your guidance for 2009 of operating margins. It looks like given your cost structures were improved significantly as you ramped Malaysia and you demonstrated that, but it looks like your operating margin guidance is flat and moved slightly down for next year. Can you, maybe help us understand some of the moving parts there?
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