Opinions
David Burrows
Cree Inc.
CREE-Q
TOP PICK
Sep 02, 2004
Sales have been extremely strong. Selling 80% of its semi-conductors into Asia. Biggest risk is price competition.
$24.060
Stock price when the opinion was issued
electrical
electronic
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COMMENT
Caller shorted the stock at $40 and just covered now. Was he too soon? Looking at the chart, he sees no reason to have covered as it is still in a downward trend. Semiconductors and chip stocks had a lot of deterioration in the last 2 months but the space is a great one to be in.
electrical
electronic