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jdaasoc

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jdaasoc

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Re: mlsoft post# 98583

Wednesday, 04/16/2003 8:36:16 PM

Wednesday, April 16, 2003 8:36:16 PM

Post# of 704041
CREE

Production sold out for 1 year ahead for LED's. Just about every frickin blue LED on electronic equipment is theirs.

They made very bad move buying out a company that made semiconductors for power amplifiers used in the cell phone industry and paid way way too much about $100 M too much.

Other than that valuation is worth it. Research contracts from our much heralded high tech military pays about 40% of companies overhead.
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