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mlsoft

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mlsoft

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Re: jdaasoc post# 66291

Saturday, 01/18/2003 2:05:16 PM

Saturday, January 18, 2003 2:05:16 PM

Post# of 704019
jdaasoc...

The problem with CREE is not that they are not a good company -- they are. They have a strong product lineup and dominate their space, and until that changes (and at some point it will) they will continue to outperform most of the rest of the sector.

The problem with CREE is valuation. In a weakening economy there is no way to justify the atmospheric valuation now being paid for their earnings, no matter how good the company is. I look for CREE to be cut in half, at a minimum.

Just my opinion, though.

mlsoft

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