Soes anyone have an explanation to this drop in price?They missed by a penny (15 not 16c - 7% miss) but revs where a bit better than expected. Is the drop overdone or what am I missing?Fool on,Efti
Here are some positive infos:http://boards.fool.com/Message.asp?mid=19391428On the cree board are also some explanations for the drop. It looks resonable but also an opportunity. :-)
And here is a good, realistic review of it.http://boards.fool.com/Message.asp?mid=19392275Do your own DD. :-)Efti
Cree's PE is too high-- look at mry, prcp, sstr, win, look, stg, axm, acai, mton -- all good values with potential to boom. This is not meant as investment advice.
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