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No. of Recommendations: 1
Steve, if you choose to look at all of your investments thru rose colored glasses, then so be it. I understand your frustration and concern, but it does not give you the right to lash out at me for holding a discerning viewpoint.

I see a company whose backlog went from 12 to 6 months and whose DSOs tanked. This could be interpreted as a softening of sales given the increased competition in a commodity business where ASPs and margins are falling. I was burned in CTXS and many of the same denials were posted as it fell on huge volume.

In addition, Investor's Business Daily's Institutional Accumulation/Distribution rating for CREE went from A (best) to E (worst). I track this metric and this simply does not happen--at worst it goes from A to C.

If you choose to ignore what I perceive to be warning signals, then that is your perogative. The big money is telling me something is up--I might be paranoid but after the CTXS fiasco, I don't want to go down that road again. Good luck.
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