unclewest: Thanks for sharing...
You have clearly researched CREE very carefully...the company is delivering some impressive results (and new contracts too)...i have passed your comments onto my relatives. Unfortunately CREE is NOT gaining the respect it deserves in the market. i carefully examine market sentiment when i invest now....that is one reason i chose to make AVCI my largest position last friday (its IPO day)...the market can not seem to get enough great new fiber optics investments...AVCI has some revolutionary new router technology, a great new fiber optics GM they just hired from Lucent, Williams Communications and Enron Broadband doing large scale testing of their new product, Nortel as a major shareholder, Morgan Stanley as a lead underwriter, a very small float, and Cisco even tried to buy the firm before it went public. I LOVE those factors. This company clearly has not crossed the chasm yet. If their products quickly gain widespread adoption then they will command a very high market cap. Right now an investment in AVCI is like a venture investment. My hunch is the company will deliver for investors or be bought out for a nice premium....the institutions can't seem to get enough of the shares <g>....i am up about 55% since I bought the stock 3 times last Friday afternoon...there are no guarantees with this one BUT I really like the outlook.
Someday I may re-enter some of my favorites -- like CMGI, CREE, SEBL, etc...Right now I am going to stay invested in the fiber optics field (primarily in AVCI and in some JNPR).
Thanks again for sharing.
Best Regards,
Scott
BTW, here is an interesting update on AVCI....
ragingbull.altavista.com |
