CREE up because mentioned by George Gilder, IMO.
I received my March copy of the Gilder Technology Report in the mail on Friday. Included in the package was a letter from George Gilder, which was not to my knowledge posted on the web site. He invited subscribers to a very expensive conference in San Diego in June, during which there will be a major focus on what Gilder calls the "Powercosm". The idea is that the next major industry to go through a major transformation will be the power industry, as the internet, etc. will demand cleaner, 99.99999 percent infallible electricity, as opposed to the 99.9 percent we have now. THEN, he went on to say that at the conference he would be talking about several companies, including CREE, which I'm pretty sure he has never mentioned before. A Gilder mention is, in my opinion, a very, very favorable event for a stock like CREE. I don't know if his "Powercosm" is going to be the next big thing, but I would never, ever bet against this man. I don't know what exactly CREE's role in Gilder's Powercosm will be, but that's why I pay for his newsletter. Go CREE! go Duke |
