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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Ron who wrote (40422)	12/4/2003 7:41:30 PM
From: Johnny Canuck	Read Replies (1) of 69635

Ron, Does CREE still hold the majority of the market share for Blue Light Diodes? I know AMKR was selling a lot of furnaces to competitors. The one point they made was that it is a high volume business, but the margins buyers were willing to pay on the LED's were pretty low. The main issue being that the majority of uses were in consumer products and in that market price point is king. I don't see a near term catalyst as there has not been any insider buying in the last 6 months. finance.yahoo.com I was thinking about leaps if I decided to go long, but it looks like shares will be safer.

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