Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (53162)	8/10/2011 11:01:18 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95616

CREE INC. (CREE) POSTS Q4. 2011-08-10 CANACCORD UPGRADES TO BUY FROM HOLD Analyst Jonathan Doresheimer says Q4 more or less in line but guidance was above what he feels were fairly bearish buy-side expectations. Notes after three quarters of increasing days in inventory and falling gross margins, CREE finally begun to work down its inventory levels relative to sales, COGS. Notes data suggests we may not yet be at a bottom but CREE has addressed some key issues and he expects both shorts to begin covering and money on sidelines to explore building positions again following the reset. Sees $1.46 FY 12 (Jun) EPS. Ups $37 target to $39.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next