It was almost twelve years ago that the world's only communist stockbroker told me "They've got Blue". Then he said something about Nicarauga or something. I managed to avoid the period of the Securities Class Action only to do a '99-'01 up-the-mountain-chart-and-down-and-out. It appears they are doing just fine without me. From Tech Trader Daily:
Cree Inc. (CREE) this afternoon posted revenue for its fiscal second quarter ended December 28 of $147.6 million, ahead of the Street consensus of $141.4 million. The company, which makes LED lighting products, said revenues included $5.6 million in patent licensing fees not factored into its previously announced targets. Profits for the quarter on a non-GAAP basis were 14 cents a share, beating the Street at 9 cents....MORE