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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (9740)	6/25/2015 10:23:22 AM
From: robert b furman	Read Replies (1) \| Respond to of 10714

Just noticed that: screencast.com now hitting 2 year low @27.25 on 10/20/14 - now 2 cents below that @ 27.23. Four year low is 22.25 on 7/23/12 This company competes in a huge growth market that will continue to grow. I love led's but the industry sector reminds me of the PC cycle and the memory glut complete with its price competition. That being said, Intc, MU, and Samsung have dome well - but it took a loooong time to be dominant. I like the company and I like the product. I hate to say it but this is another manufacturer that needs to get out of the high cost USA and go produce in Asia. The winner will be the comapny with the best processes and lowest costs. When product demand slows - what that is saying is the price is too high. I beleive electricity will not get cheaper - so efficiency is worth a little more and start saving ASAP. Any bulb that is on a lot needs to be led in your home or at work. Wonder where this falling knife sticks? It should find support here or we're looking at 22 ish?? If it falls through 27.00 I'll look at selling some 22-25 puts Bob

To: richardred who wrote (9740)	1/20/2016 1:31:40 PM
From: richardred	1 Recommendation Recommended By The Ox Respond to of 10714

Cree to delay Wolfspeed IPO Jan 19, 2016, 5:59pm EST Updated Jan 20, 2016, 8:47am EST Lab Support, a division of On Assignment The business segment made up 6 percent of the overall revenue in the quarter, making up $27.5 million. Perhaps more critical to Cree's core business, the company has, at long last, completed its LED business restructuring, a move that meant factory consolidation in Durham and “overhead costs reductions,” says Swoboda. The company has not been specific about how the move impacted the Durham headcount. And the company is in a flexible enough cash position that acquisitions are a possibility in 2016, Swoboda says. It's been a rocky year for Cree on the Nasdaq. A year ago, shares were selling for $32.34. But in June, following the announcement that it would be restructuring its LED business, stock dropped to a three-year low. And it has yet to recover. In Wednesday morning Wall Street action, the company's shares are expected to trade higher following the earnings report on Tuesday. Cree reported $435.8 million revenue for the December-ending quarter, slightly higher than what analysts had expected. The company also reported 30 cents in earnings-per-share, substantially higher than the analyst expectations of 24 cents EPS. Revenue by segment: Lighting products: $255 million LED products: $153.4 million Power and RF: $27.5 million bizjournals.com