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To: w2j2 who wrote (833)4/30/1998 11:47:00 AM
From: Toby  Read Replies (1) | Respond to of 10714
 
How do you like this from the 10Q?
==
As a result of the lower net sales price per unit, LED sales have
increased only slightly for the quarter ended March 29, 1998 compared to the same period in the prior year. However, during the same time frame, LED unit volume has increased over 50%.
==
By my math, this translates into a 30% price erosion. Cree has to run to stay in the same place.