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No. of Recommendations: 15
Usually I would shy away from such a small company with a recent bad report

Yabba, before we can answer any of your questions and for those answers to do you any good I think you need to do some more in-depth research on CREE...its earnings conference call was not a "bad report." As a matter of fact the company is doing as well, if not better than ever.

Please stop reading the headlines of misconstrued stories and do a little more digging. Then the information you receive here will be of more value (P.S. this is not cheerleading, this is just the absolute truth. It is the same sort of reasoning that people keep asking me in a perplexed way "are you sure CDMA is 3G wireless everywhere, and that QCOM will get paid regardless?" The declining margins is about as truthful as QCOM not being the key center piece of 3G wireless).

So look a little harder first.

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