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Re: kcheng post# 28254

Wednesday, 03/23/2011 4:16:06 PM

Wednesday, March 23, 2011 4:16:06 PM

Post# of 43775
Cree has received 105 government contracts worth $88,295,576 over the last seven years. Cree also has bought out other LED manufacturers to get their defense contracts. This is defense and non-defense contracts.

Kind of like Flextronics (FLEX) had the contract locally with Parata and lost it three years later to Sanmina SCI (SANM); so they then bought out Sanmina SCI local facility to get the contract back.


Now whether you want to believe this or not is your decision.