Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
It needs to be made public that CREE's expectations for margins have not changed at all. They remain in low to mid 50's. Unlike what CNBC reported, there is no negative news on margins. Yes they will go down from the 58 level achieved this quarter, but that was a possitive upside surprise. All CREE said is that they won't necessarilly (but they may) reach that high level going forward. Instead they maintained their conservative guidence of low to mid 50's on margins. No warning or lowering of estimates. How you can turn a possitive upside surprise into a negative issue is beyond me. Yes, it will not neccessarily be maintained, but no one at all expected them to be at 58%, it was a surprise. Try emailing Fran and CREE and CNBC. The addresses are as follows
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.