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Strategies & Market Trends : Benchpress550's bathroom

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To: benchpress550 who started this subject6/10/2002 12:48:19 PM
From: benchpress550   of 180
 
Do not have a position but watching.08:38 ET CREE Cree rasies Q4 revenue outlook (11.00)
Co now expects Q4 revs to increase 8-11% sequentially, compared to its previous forecast of at least 5% growth. Cree also reiterated its outlook for revenue growth in the SeptQ of at least a 5%. The revised revenue targets result from stronger demand for LED products, particularly for wireless handsets. Cree's LED chips are used in a variety of handset designs, including indicator lights and providing a backlight source for keypads and displays.
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