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   Technology StocksCree Inc.


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To: slacker711 who wrote (10002)8/25/2019 10:59:16 PM
From: robert b furman
1 Recommendation   of 10118
 
Hi slacker,

Dilution was an insane 2% during the quarter and almost 5% for the year. This is just shareholder robbery.

Absolutely agree and there needs to be a lesson from it.

It's called a low stock price.

Hate to say, but the owners need to be rewarded as well!

Bob

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From: Sam8/26/2019 7:30:25 AM
   of 10118
 
Analyst Actions: Piper Jaffray Cuts Cree to Underweight From Neutral, Price Target to $38 From $57
MT NEWSWIRES 7:22 AM ET 8/26/2019


07:22 AM EDT, 08/26/2019 (MT Newswires) -- Cree's (CREE) average rating among analysts is a hold, with an average price target of $57.

Price: 45.75, Change: -1.35, Percent Change: -2.87

[Stock getting hit pre-market.]

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From: OldAIMGuy8/26/2019 8:11:29 AM
   of 10118
 
This has been a rather dramatic 30+% drop in CREE in the last few days. Now
analysts are jumping in and adding torture to the mix. Will CREE be able
to finish the transition from lighting to SiC wafers in a timely fashion to
halt the cliff diving?

I purchased shares in 2018 as low as $34.50 and then managed to sell some
at $46.80 and $63.50 during this year's rally. Last week's dive to around
$50 triggered an inventory rebuilding buy. This Pre-Market price dropping
to around $45 is tempting but I usually don't do sequential buys without
some delay in between. With this dramatic of a price drop it won't be long
until the Shorts show up to feast, so I think I'll wait a while before
spending more of the cash I have reserved for CREE.

Tom

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From: slacker7119/5/2019 9:06:35 AM
2 Recommendations   of 10118
 
STM commented on SiC trends at a Citi conference.

26m mark.

appliedmaterials.com

- $100m last year to $200m this year. The goal is $1 billion by 2025 out of a total market of $3 billion.

- Growth is still mostly Tesla but now in production with MOSFET and diodes for 9 customers. Today 33 projects are ordered which will start in production in next 3 years (18 automotive, 15 industrial).

- Expect to complete acquisition of Norstel (SiC wafers) this year. Planning to start internal production in 2021.

- They were supply constrained last year and couldnt even sample to the industrial market. That has loosened up and industrial has a "big appetite" for SiC.

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To: slacker711 who wrote (10007)9/5/2019 12:44:24 PM
From: ggamer
   of 10118
 
I have been buying the stock from $53 down to $46. Do you see more short term pain? Do you see this drop as golden opportunity to add shares for the long term?

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To: ggamer who wrote (10008)9/5/2019 1:17:11 PM
From: slacker711
1 Recommendation   of 10118
 
The simple problem is that the short-term valuation provides zero support unless we are much much lower. Cree is only expected to earn a $1.08 in FY2020 and that number doesnt include stock option expense and has been trending downward.

So yes, more short-term pain is entirely possible.

I have yet to hear anything that makes me think that the long-term potential of Cree/SiC has changed.

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To: slacker711 who wrote (10009)9/5/2019 3:55:27 PM
From: ggamer
   of 10118
 
Thanks for the detailed input. So in cases like this do you normally are.fully invested or do you leave room for further purchases in case stock takes further correction.

Thank You!

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From: slacker7119/7/2019 7:32:25 AM
   of 10118
 
I think that this probably explains Cree's out performance yesterday.

bloomberg.com

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To: slacker711 who wrote (10011)9/7/2019 7:45:50 AM
From: slacker711
   of 10118
 
or maybe this.

cnn.com

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To: slacker711 who wrote (10011)9/7/2019 10:21:59 AM
From: Bungalow Bill
   of 10118
 
Nice find - EVs are for real going forward. Started accumulating NIO below $3 - like a little squirrel :-)

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