microwave chips and led lights. leader.

obama energy conservation with led lighting

Forward PE: 34.1 Short Ratio: 24

And keep an eye on Cree Inc [CREE] adds Adami. There’s a huge short interest in the stock.

15.7

Underperform -- Price 25.53 on Sept. 23
by Raymond James

Channel checks indicate that LED demand trends are mixed within an oversupplied market. We look for LED industry fundamentals to weaken. Market cap: $2.2 billion.

LED manufacturer, growing sales, low p/tangible book

Love the product and technology

They have good technology in developing high quality bright LEDs. They have expanded into lighting systems utilizing their LEDs as the main lighting source.

Cree, Inc., a market-leading innovator of lighting-class LEDs, LED lighting retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications, recently announced that the company is authorized to repurchase up to 5,000,000 shares. The company has repurchased 1,567,500 shares during the current quarter.

take over

LED'S BIG OR NOT?

Held and tracked this stock for several years. Have come to the conclusion that they are several years from beginning to realize the potential of the diode lighting market. Meanwhile they are beset on all sides with competitors and in a price squeeze. A good company which I will revisit in a couple of years.

Misses estimates frequently

Toby Smith thought it would go to 30