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To: Ron who wrote (9775)4/25/2017 11:18:35 PM
From: IntoOLEDs
   of 9787
 
Looking at this dip as a potential opportunity to get in. I'm looking at CREEs prior financials and wondering if anyone can tell me what the approx $50M non-recurring expense was in 2015? Appreciate the help in advance.

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From: Sam5/19/2017 9:55:18 AM
   of 9787
 

Cree Says CEO Chuck Swoboda to Step Down, Co. Reaffirms Q4 Guidance In Line With Street
MIDNIGHT TRADER 9:36 AM ET 5/19/2017
09:36 AM EDT, 05/19/2017 (MT Newswires) -- Cree (CREE) shares were up almost 2% Friday morning after the technology company said CEO Chuck Swoboda will step down following a transition period.

Swoboda will stay on until a successor is appointed, and thereafter will remain available as a consultant to the company to ensure a seamless transition of leadership responsibilities.

The company said it will retain an executive search firm to identify a successor. Both internal and external candidates will be considered.

The company on Friday also reaffirmed its outlook for the Q4 ending June 25. As announced on April 25, for Q4 Cree targets revenue in a range of $340 million to $360 million, and non-GAAP EPS in the range of $0.02 to $0.07 per share.

Analysts are expecting revenue of $349.9 million and EPS of $0.04, according to Capital IQ data.

Price: 22.10, Change: +0.40, Percent Change: +1.85

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From: Sam10/6/2017 9:26:07 AM
   of 9787
 

Analyst Actions: JP Morgan Downgrades Cree to Underweight from Neutral
MT NEWSWIRES 9:10 AM ET 10/6/2017
09:10 AM EDT, 10/06/2017 (MT Newswires) -- Cree's (CREE) average rating among analysts is a hold, with an average price target of $24.

Price: 28.22, Change: -1.35, Percent Change: -4.57

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From: Don Green10/19/2017 10:03:47 AM
   of 9787
 
I am really surprised not to see a lot of chatter on this thread?

Why Shares of Cree, Inc. Popped 21% Today


host.madison.com

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From: Don Green10/19/2017 1:49:05 PM
   of 9787
 
Williams Capital Group downgrades Cree
Oct. 19, 2017
Brandy Betz,


Williams Capital Group downgrades Cree (NASDAQ: CREE) from Hold to Sell with a $27 price target.

Williams believes that Cree’s current valuation is overly optimistic.

The firm does approve of new CEO Gregg Lowe and the results of Wolfspeed but thinks the stock price is too high based partly on short covering

Cree shares are down 0.64%.

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To: Don Green who wrote (9779)10/19/2017 2:04:20 PM
From: zzpat
   of 9787
 
Top line fell.

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From: Don Green11/6/2017 10:04:51 AM
   of 9787
 
Deutsche Bank initiates Cree at Buy
Nov. 6, 2017 |


Deutsche Bank initiates coverage of Cree (NASDAQ: CREE) with a Buy rating and $45 price target.

Latest analyst standings (via FT): 1Buy, 3 Outperform, 8 Hold, 2 Underperform, and 1 Sell.

Median price target: $27.

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From: hollyhunter11/6/2017 8:53:50 PM
   of 9787
 
Chart looks solid. On watch for clear above 37.43.

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From: Sam12/19/2017 8:36:08 AM
   of 9787
 

Technical View: Cree drops in pre-market trading, analyst action (TheFlyOnTheWall)
THE FLY 8:34 AM ET 12/19/2017
In the premarket the shares were last down over 4.4% to $37.85. At that price next support is at $36.25. Resistance is at the $38.50 area. As previously reported, JPMorgan added the shares to its Analyst Focus List as a short idea. The firm has a $28 price target on the stock. Northland downgraded the shares to Underperform with a $28 dollars price target.

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From: slacker7112/9/2018 1:50:31 PM
1 Recommendation   of 9787
 

I havent paid much attention to Cree in a long time but I am wondering if there is some real value that the market is underpricing in Wolfspeed. They did $71 million in revenue in Q2 and plan on doubling their capacity in the near-term. The gross margins are significantly above the corporate average.

Most importantly, the two biggest markets that SiC on GaN enable are electric cars and 5G. Both are at the knee of their growth curves. Cree has said that they are evaluating strategic alternatives for Wolfspeed and will announce something soon.

seekingalpha.com


Demand and excitement for our Wolfspeed products, silicon carbide power, as well as gallium nitride RF, remains very strong. Our silicon carbide platform is at the heart of the auto industry’s transition to electric vehicle. In the past six months or so, China announced the target to sell 7 million electric vehicles in 2025, nearly 20 times the level seen in 2016. France, Norway and the UK have announced timelines for the complete elimination of gasoline and diesel cars. GM, Toyota, Volkswagen, Ford, Daimler and BMW, have made announcements about investments in electric vehicles. Collectively, they have announced additional investments of nearly $60 billion in electric vehicles, with a significant number of new electric vehicle introductions over the coming decade.


We're in the early stage of a substantial opportunity as EVs become more prevalent on the roads across the world, and our leadership position in silicon carbide technology positions us extremely well to capitalize on that strong demand that this technology will have over the coming decade. Likewise, the recent release of the new 5G radio standard sets the stage for large scale trials and commercial deployment, giving us a meaningful opportunity for our gallium nitride business over the coming years. GAN RF transistors are better able to satisfy needed performance in the primary spectrum bands being allocated for 5G services, those between 3.3 gigahertz and 6 gigahertz, versus traditional silicon LDMOS transistors. We have a leadership position in GAN for these types of applications and believe the distinct advantages will accelerate its adoption in the marketplace.

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