SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Technology Stocks : Cree Inc.
CREE 44.59+0.5%Oct 21 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (9960)3/18/2019 8:58:17 AM
From: slacker7111 Recommendation

Recommended By
Bungalow Bill

   of 10074
 
Very little detail in the call about future plans except that they are doing everything they can to bring in the timeline of doubling capacity within 24 months and the money in this deal is more about the next step beyond that.

Probably the best news in the call is that they plan to have an analyst day after the deal closes in Q4 and it sounds like they will update their plans then.

Overall, this deal increases the focus on Wolfspeed which is an obvious positive, but I really would like to hear more details about an acceleration of their buildout.

Slacker
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext