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No. of Recommendations: 4
Ace12,

I automatically question anyone who believes what the analysts say about an hypergrowth stock. The conflict of interest is immense, and the estimates are sometimes done with little or no research on the part of the analysts. Quite frankly, when we come to stocks like CREE, AMCC, SNDK, BRCM, SSTI, NTAP, JDSU etc. the analysts can't predict the next quarter with any degree of accuracy, let alone a year out, not to even mention 5 years out.

The PEG is one of the most worthless ways of valuing a stock that I have even seen. It will keep you out of some 'overvalued' stocks like CSCO, BRCM, ITWO, INTC, MSFT if you insist on looking at the PEG.

Please, if you want to avoid more flames, offer a arguement based on competition (examples of products that can seriously challenge CREE's), possible commoditazation of CREE's market - ie. real analysis, that shows you have done some DD on your investment whether it be long or short.

Pointing out the PEG and saying the stock is overvalued means jack and s(oo)t. Spinning the CC call as negatively as possible is not analysis.

The only thing I see you doing here Ace, is scaring and confusing a lot of investors with half-truths and outright lies.

I don't know what your position is in this stock, but please, shape up or LEAVE.

Steve
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